ColoradoColorado

Corporation has two classes of stock: common,

$33

par value; and preferred,

$1010

par value.

Requirements

1.	Journalize ColoradoColorado's issuance of 2 comma 5002,500 shares of common stock for $ 10$10 per share.
2.	Journalize ColoradoColorado's issuance of 2 comma 5002,500 shares of preferred stock for a total of $ 25 comma 000$25,000.