Kingbird Ltd. was incorporated February 1, 2021 and is authorized to issue an unlimited number of preferred and common shares. The company entered into the following transactions during the year:

Feb.	10		Issued 32,300 common shares for $ 23 per share.
Feb.	21		Issued 930 common shares to the companys lawyer as payment for a bill of $ 24,180 for services performed in helping the company to incorporate.
Mar.	16		Issued 3,300 convertible preferred shares for $ 95 per share.
Sep.	10		Issued 7,300 convertible preferred shares for $ 105 per share.
Oct.	1		Converted 3,300 preferred shares into common shares. One preferred share is convertible into 5 common shares. The fair values of the common and preferred shares are $ 25 and $ 102 respectively.

Prepare journal entries to record the transactions :)

Kingbird Ltd. was incorporated February 1, 2021 and is authorized to issue an unlimited number of preferred and common shares. The company entered into the following transactions during the year: Feb. 10 Issued 32,300 common shares for $ 23 per share. Feb. 21 Issued 930 common shares to the company's lawyer as payment for a bill of $ 24,180 for services performed in helping t Mar. 16 Issued 3,300 convertible preferred shares for $95 per share. Sep. 10 Issued 7,300 convertible preferred shares for $ 105 per share. Oct. 1 Converted 3,300 preferred shares into common shares. One preferred share is convertible into 5 common shares. Thef