During its first year of operations, Benji Corporation had the following transactions pertaining to its common stock.
| Jan. 10 |
|
Issued71,300shares for cash at $6per share. |
| July 1 |
|
Issued42,100shares for cash at $10per share. |
(a) Journalize the transactions, assuming that the common stock has a par value of $6per share.
(Credit account titles are automatically indented when amount is entered. Do not indent manually.)