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(10 points) Record the following transactions on journal paper: 1, On April 1, 10,000 shares of $5 par common stock were issued for $220,000 2.

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(10 points) Record the following transactions on journal paper: 1, On April 1, 10,000 shares of $5 par common stock were issued for $220,000 2. On May 1 10.000 shares of $5 par common stock was issue for $50.000 3. On June 1 10,000 shares of $ 20 par preferred stock was issued for $200,000 4. On July 1 10,000 shares of $20 par preferred stock was issued for $300,000

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