I viuuuu Po preferred stock at $68 The common stock has E11-2A. Share Issuances for Cash Finlay, Inc., issued 9,000 shares of $50 par value preferred st per share and 12,000 shares of no-par value common stock at $12 per share. The comme no stated value. All issuances were for cash. a. Prepare the journal entries to record the share issuances. b. Prepare the journal entry for the issuance of the common stock assuming that it had value of $5 per share. c. Prepare the journal entry for the issuance of the common stock assuming that it had a par val of $1 per share. ning that it had a stated 6 mon stock at $15 85 per share. Later, the EI-4A. Treasury Stock Coastal Corporation issued 25.000 shares of SS par value common stoc per share and 6,000 shares of $50 par value, eight percent preferred stock at $85 per share. company purchased 3,000 shares of its own common stock at $20 per share. a. Prepare the journal entries to record the share issuances and the purchase of the common b. Assume that Coastal sold 2,000 shares of the treasury stock at $25 per share. Prepare i eral journal entry to record the sale of this treasury stock. C. Assume that Coastal sold the remaining 1,000 shares of treasury stock at $18 per share. Prema the journal entry to record the sale of this treasury stock. of the common shares bare. Prepare the gen