lifah.co.uSordetide-1-217 Question 2 [30 points) Global Filter Corp, was aulenzed to issue an unmited number of common shares During Cember 2014. Their first month operations, ita bolown sector fransdans occurred a December 8: 10,000 of the common shares were issued for all of S40000 . h December 17: 14,000 corrman shares were issued in exchange for land valued at $47.000 o December 20: Issued 9.IXIO Corrudin shares at $2.20 per stare for cash. d. December 29: Gave the corporation's promotor 5,000 common shares for their services in organizing the corporation The directors valued the services at $14.000 December 31: Closed the income Summary account An income of $60,00s was camad. a) Prepar journal entries for the soove transacions entering the transaction or as the explanation and the dates in the format derm. re 10 Jan) General Jom Page 15 Date ActExplanation Dell Chad + 90 Mostly doudly o KENG 9:22 AM 2021 12-06 Type here to search en lifah.co.uSordetide-1-217 Question 2 [30 points) Global Filter Corp, was aulenzed to issue an unmited number of common shares During Cember 2014. Their first month operations, ita bolown sector fransdans occurred a December 8: 10,000 of the common shares were issued for all of S40000 . h December 17: 14,000 corrman shares were issued in exchange for land valued at $47.000 o December 20: Issued 9.IXIO Corrudin shares at $2.20 per stare for cash. d. December 29: Gave the corporation's promotor 5,000 common shares for their services in organizing the corporation The directors valued the services at $14.000 December 31: Closed the income Summary account An income of $60,00s was camad. a) Prepar journal entries for the soove transacions entering the transaction or as the explanation and the dates in the format derm. re 10 Jan) General Jom Page 15 Date ActExplanation Dell Chad + 90 Mostly doudly o KENG 9:22 AM 2021 12-06 Type here to search en