hal den Question 1 [25 points] Vision Consulting Inc. wanauthorized to issue 400,000 $2.00 preferred shares and 500,000 common shares. During June 2014, their first month of operations, we following telected transactions occurred: June 6: 8,000 preferred shares and 12.000 common shares were issued at $6.00 and $400, respectively cash b. June 8:12,000 common shares were issued in exchange for land valued at $60,000 June 148,000 of the preferred shares were issued for a total of $24.000 cash d. June 14: Issued 10,000 preferred shares at $3.00 per share for cash e. June 16 issued 10.000 common shares at $0.00 per share for cash 1. Ane 21. 13,000 of the common shares were issued for a total of 562,000 cash 9 June 25 Gave the corporation's promotors 7,000 common shares for their services in organining the corporation. The directors valued the services at $4,000, Prepare oumal entries for the above transactions. Enter the transaction better as the description when entering the transaction in the journa. Dates must be entered in the format dimmm(le, January 15 would be 15 Jan) Date General Accountain Pape os F Debt Credit hal den Question 1 [25 points] Vision Consulting Inc. wanauthorized to issue 400,000 $2.00 preferred shares and 500,000 common shares. During June 2014, their first month of operations, we following telected transactions occurred: June 6: 8,000 preferred shares and 12.000 common shares were issued at $6.00 and $400, respectively cash b. June 8:12,000 common shares were issued in exchange for land valued at $60,000 June 148,000 of the preferred shares were issued for a total of $24.000 cash d. June 14: Issued 10,000 preferred shares at $3.00 per share for cash e. June 16 issued 10.000 common shares at $0.00 per share for cash 1. Ane 21. 13,000 of the common shares were issued for a total of 562,000 cash 9 June 25 Gave the corporation's promotors 7,000 common shares for their services in organining the corporation. The directors valued the services at $4,000, Prepare oumal entries for the above transactions. Enter the transaction better as the description when entering the transaction in the journa. Dates must be entered in the format dimmm(le, January 15 would be 15 Jan) Date General Accountain Pape os F Debt Credit