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Required information [The following information applies to the questions displayed below.] Consolidated Edison, Incorporated (Con...

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Required information [The following information applies to the questions displayed below.] Consolidated Edison, Incorporated (Con Edison), is a public utlity company operating primarily in New York whose annual revenues exceed $12 billion. It reported the following December 31 simplified balances in its statement of stockholders' equity (dollars in millions): During the current year, Con Edison reported net income of $1,343. 2. Assume that the only other transaction that affected stockholders' equity during the current year was a single stock issuance for cash. Recreate the journal entry reflecting the stock issuance (in millions). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Record the entry for stock issuance. Note: Enter debits before credits. Journal entry worksneet Note: Enter debits before credits

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