Your answer is partially corret. Try again. During its first year of operations, Monty Corp, had these transacions pertaining to its common stock. Jan. 10 Issued 25,900 shares for cash at $4 per share. Duly 1 Issued 54,500 shares for cash at $9 per share (a) Sournalice the transactions, assuming that the common stock has a par value of $4 per share (b) Journalize t (Record journal entries in the order presented in the problem. Credit account titles are automatically the transactions, assuming that the common stock is no-par with a stated value of $1 per share. indented when amount is entered. Do not imdent manually If no entry is required and enter 0 for the amounts.) No. Account Titles and Explanation Date Debit Cash Common Stock 103 July 1 Common Stock Paid-in Capital in Excess of Par Value-Common common stock Stock Paid-in Capital in Excess of Par common stock Paid-in Capital in Excess of Par Value-Common Paid-in Capt