View Policies Current Attempt in Progress During its first year of operations, Faulkner SE had the following transactions pertaining to its ordinary shares. Jan. 5 Issued 50,000 shares for cash at 5 per share. Aug. 1 Issued 20,000 shares for cash at 9 per share Sept. 20 Issued 5,000 shares and paid 50,000 in cash to a vendor in exchange for computers. The list price of the computers totaled 98,000. Dec. 19 Issued 40,000 shares for cash at 10 per share. (a) Prepare the journal entries for these transactions, assuming that the ordinary shares have a par value of 2 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Cred LT e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit