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diarive the eret ptar wai 380.820 the coingitivormanice: Sepe: 1 lwed 9.500 shures di nemehon stock for cash at 511 perithare. enter 0 for the

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diarive the eret ptar wai 380.820 the coingitivormanice: Sepe: 1 lwed 9.500 shures di nemehon stock for cash at 511 perithare. enter 0 for the amounts. Aacord entries in the order dicplayvd in the problem statemert) Sheridan Corporation was organized on January 1, 2025. It is authorized to issue 9,500 shares of 8%,$100 par value preferred stock. and 525,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 80,620 shares of common stock for cash at $7 per share. Mar. 1 Issued 5,690 shares of preferred stock for cash at $112 per share. Apr. 1 Issued 24,700 shares of common stock for land. The asking price of the land was $90,410, the fair value of the land was $80,620. May 1 Issued 80,620 shares of common stock for cash at $9 per share. Aug. 1 Issued 9,500 shares of common stock to attorneys in payment of their bill of $50,900 for services rendered in helping the company organize. Sept. 1 Issued 9,500 shares of common stock for cash at $11 per share. Nov. 1 Issued 1,020 shares of preferred stock for cash at $101 per share. Prepare the journal entries to record the above transactions. (List all debit entries before credit entries. Credit account titles are outomatically indented when the omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. Record entries in the order displayed in the problem statement.) Pald-in Capital in Excess of Par - Common Stock Casht Pald in Capital in Excess of Par-Commen Stock Cash Common Stock Paid-in Capital in Excess of Par-CommonStock. Cash Preferred Stock Paid-in Capital in Excess of Par - Preferred Stock

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