just do part a

the question states: Delang, corporation was organized on january 1,2022, it is authorized to issue 10,000 shares of 85, $100 par value preferred stock, and 500,000 shares of net-par common stock with a stated value of $2 per share. the following stock transcations were completed during the first year.

jan. 10 issued 80,000 shares of common stocks for cash at $4 per share

mar 1. issues 5,000 shares of preferred stock for cash at $105 per share

apr. 1 issues 24,000 shares of common stock for land. the asking pricebof the land was $90,000 the fair value of the land was $85,000

may 1. issued 80,000 shares of common stock for cash at $4.50 per share.

aug 1. issued 10,000 shares of common stock to attorneys in payment of their bill of $30,000 for services performed in helping the company organize.

sept1. issued 10,000 shares of common stock for cash at $5 per share.

nov1. issues 1,000 shares of preferred stocks for cash at $109 per share

instructions

A. journalize the transcations

P13.1 (LO 2, 3), AP Financial Statement Liclanug, Corporation wis organized on January 1.2022. It is authorized to issue 10.000 shares of 85, $100 par value preferred stock, and 31. ano shades of na par GOT In stock with a stated value of 12 per shere. The following stock tersations were completed during the first year. Jan. 10 Issue: 80,000 shares of common sax for sashuat 84 per share. Mar. 1 issued 5,000 shares of preferred cock for cacat S105 per sitere. Apr.1 Issu 24.000 shares of common stock for land. The asking proc of the land was $90.000 Thc wir value of the land was $8.5.000. May 1 Issued 80.000 shares of comic stock for cash at $450) gerxhane. Aug 1 Issue 10.000 shares c corrent stock to attorneys in payment of the bill of $10,000 to servizos pertined a belpire the company organize Supl. 1 Issued 10.000 sbates of common stock for cash at $5 per stars. Nov. 1 Issited 1.000 shares of our stock for casts at $109 per share. Instructions a. Journalize the transactions h. Post to the stockholders equity accounts. Use 'l-accourts.) c. Prepare the paid-in capital section of stockholders' equily at December 31, 2023. 113.1 (LO 2, 3), AP Financial Statement DcTxing Corporation was organized on January 1, 2022. J1 is authorized to issue 19.00 shares of 8. SID 32 value pure sex, and 311.000 sharcs of na par CUTIM Stack with a stated value of 12 per share. The luliowing stock 1:13.0.15 were curapleted curing the first Jan. 16 Issic 10,000 shares of common cor asin at $4er shure. Mar. 1 Sre: 5,000 shares of preferred.ex lorem. SIOS per shtere. ADI 24,000 shares i Comuni stock for land. The asking piss of the land was $90.000, Tac Fair value of the land $95.000. S sy1 Issler SA.0.0 shares of cnmmcini slock for cash at $4.9. serxhare. Aug 1 Tas net 10.000 stan's corian stock to atomeisin payment of thel: bill of Sun,000 for see os serlated to helpere the steny organize Sepi issued 10,000 statcs ci contestak lur cash at $5 per Spar: NO.1 Issued 1.000 shares of neferred stuck lar cast at $109 pcr share. Instructions a. Joumalize the runsactions