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can tou please solve the journal entry worksheet, all the information for the question arr above. thank you. Exercise 18-5 Issuance of shares; noncash consideration

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can tou please solve the journal entry worksheet, all the information for the question arr above. thank you.
Exercise 18-5 Issuance of shares; noncash consideration [LO18-4] During its first year of operations, Eastern Data Links Corporation entere million preferred shares, $50 par per share. Feb. 12 Sold 3 million common shares, for $10 per share. 1.42 points shareholders' equity. The articles of incorporation authorized the Ilssue of 8 milion common shares, $1 par per share, and 2 d into the following transactions relating to 13 Issued 36,000 common shares to attorneys in exchange for legal services 13 Sold 77,000 of its common shares and 4,500 preferred shares for a total of $1,020,000. Nov. 15 Issued 405,000 of its coemon shares in exchange for equipment for which the cash price was known to be $3,928,000. ReferencesRequired: Prepare the appropriate journal entries to record each transaction. (f no entry is required for a particular transaction, select No journal entry required" in the first account field. Enter your answers in whole dollars.) Journal entry worksheet 2 Sold 3 million common shares, for $10 per share. .Prev 1 of 7 Next> 1.42 points Journal entry worksheet 2 Skipped Sold 3 million common shares, for $10 per share. Print References Debit Date General Journal February 12 Prey 1017 Next >

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