Holden Corp. was authorized to issue 550,000 $2.00 preferred shares and 600,000 common shares. During October 2014, their first month of operations, the following selected transactions occurred:

October 4 : Issued 7,000 preferred shares at $3.00 per share for cash.

October 5 : Issued 10,000 common shares at $2.50 per share for cash.

October 8 : 13,000 preferred shares and 17,000 common shares were issued at $8.00 and $4.00, respectively; cash.

October 12 : 11,000 of the common shares were issued for a total of $44,000 cash.

October 13 : Gave the corporation's promoters 11,000 common shares for their services in organizing the corporation. The directors valued the services at $66,000.

October 16 : 14,000 common shares were issued in exchange for land valued at $56,000.

October 27 : 13,000 of the preferred shares were issued for a total of $39,000 cash.

Prepare journal entries for the above transactions.

Holden Corp was maiorized to un S60,000 $2.00 praferred sharns and 0,000 common shares. During October 2014. mer trist mort el operations, the allowing selectie transactions occurred a Cctober 4 Issued 7,000 preferred shares at 53.00 per whate for cash b. October 5d 10.000 common shares at $2.50 per share for cash c. October 8 13.000 preferred shares and 17.000 common shares were issued a 58.00 0 and 54.00, respectively, cash October 12 11.000 of the common shares were issued for a total of 514,000 cash October we lite comontor's promotora 11.000 comment there for the carvi in argentero he corporation. The directors and the war 2.000 1 October 16 14,000 common shares were issued in exchange for land valued at $50.000 October 27 13,000 of the preferred shares were issued for a total of 530.000 cash Propar puw entries for the above aractors, Enter the transaction letter on the sorption when enteng termaction in the mal Dates must be entered in a tomat modery to w ten Drewal Date D C