During the year the company has issued additional shares in the following transactions:

1-On January 14, 2017 additional 500 ordinary shares were issued with a par value of $1 and market price of 40

2-On February 15, 2017, the Comapany issued 300 ordinary shares of $1 par value, and 500 preference shares of $1 par value when the fair value of the ordinary shares is $20 each and the fair value of the preference share is $24 each. The total sale amount of $15,000

3-On April 10, 2017 the Comapany issued 300 ordinary shares of $1 par value, and 200 preference shares of $1 par value when only the fair value of the ordinary is known and its $22. the total sale amount of $7,000.

Required:

Prepare the issuance entries for each of the above transactions (show calculation)