HI,

Can I get help with the ones in RED please?

Martinez Corporation's charter authorized issuance of 96,000 shares of $10 par value common stock and 47,700 shares of $50 preferred stock. The following transactions involving the issuance of shares of stock were completed. Each transaction is independent of the others. 1. Issued a $9,800,9% bond payable at par and gave as a bonus one share of preferred stock, which at that time was selling for $113 a share. 2. Issued 540 shares of common stock for equipment. The equipment had been appraised at $7,400; the seller's book value was $5,800. The most recent market price of the common stock is $17 a share. 3. Issued 357 shares of common and 95 shares of preferred for a lump sum amounting to $9,700. The common had been selling at $15 and the preferred at $61. 4. Issued 210 shares of common and 47 shares of preferred for equipment. The common had a fair value of $17 per share; the equipment has a fair value of $7,000. Record the transactions listed above in journal entry form. (Round Round intermediate calculations to 6 decimal places, e.g. 0.546872 and final answers to 0 decimal places, e.g. $38,487. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit 1. Cash 9800 Discount on Bonds Payable 113 Bonds Payable 9800 Preferred Stock 50 Paid-in Capital in Excess of Par - Preferred Stock 63 2. Equipment 9180 Common Stock 5400 Paid-in Capital in Excess of Par - Common Stock 3. Cash Preferred Stock Paid-in Capital in Excess of Par - Preferred Stock Common Stock Paid-in Capital in Excess of Par - Common Stock 4. Equipment 7000 Preferred Stock Paid-in Capital in Excess of Par - Preferred Stock Common Stock Paid-in Capital in Excess of Par - Common Stock