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During its first year of operations, Blossom Corporation had these transactions pertaining to its common stock. Jan. 10 Issued 26,100 shares for cash at $4 per share. fuly 1 Issued 55,500 shares for cash at $8 per share. (a) Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $4 per share. Include margin explanations for the changes in revenues and expenses. (If a transoction couses a decrease in Assets, Llobilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Lability or Equity item that was reduced.) Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $4 per share. Include margin explanations for the changes in revenues and expenses, (If o transoction causes a decrease in Assets, Llabilities or Stockholders' Equily, place a negative sign (or parentheses) in front of the omount entered for the particular Asset, Lability or Equity litem that was reduced.) Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $4 per share. Include margin explanations for the changes in revenues and expenses. (If a transaction couses a decrease in Assets, Llabilities or Stocltholders' Equity, place a negative sign (or parentheses) in front of the omount entered for the particular Asset, Llability or Equity item that was reduced.)

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