Ch 18 HW. Part 20 Help Sevetti Check my work 1 0.75 During its first year of operations. Eastern Date Links Corporation entered into the following transactions relating to shareholders souty. The articles of incorporation authorized the of common shares Spar peshore and milion preferred shores. $50 per per share Feb. 12 sos 2 sin common shares, for $10 per share und 35,000 common shares to attorneys to exchange for begal services Nov. is issued 480,000 of its common shares Intechange for oudprent for wich the cash price was known to be $3,400,000 Required: Prepare the appropriate journal entries to record each transaction if no entry is required for a particular transaction select "No journal entry required in the first account field. Enter your answers in whole dollars.) View > . Sold 2 million common shares, for $10 per share. Issued 35,000 common shares tomes in exchange for legal services Sold 75.000 of its common shares and 4.000 preferred shares for a total of 31.015.000 Credit * Issued 400,000 of its common shares in exchange for equipment for which the cash price was known to be $3,000,000