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Mercury Corpocation issued 4.500 shares of no-par common stock for $15 per sthare. Mercury also issued 4.600 shares of 570 par, 6 . percent noncumulative

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Mercury Corpocation issued 4.500 shares of no-par common stock for $15 per sthare. Mercury also issued 4.600 shares of 570 par, 6 . percent noncumulative preferted stock at 580 per shsre. Requlred a. Record those everts in a horizontal statements medel b. Prephre journal entries to record these tronssctions Complete thls question by entering your anwwers in the tabs below, sierbert aist fot apected tiy the event-) repare fournal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in he first account field.) Journal entry worksheet Mercury Corporation issued 4,500 shares of no-par combhon stock for $15 per share. Record the transaction. Note: Encer debits before credits. Prepare journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry the first account field.) Journal entry worksheet Mercury also issued 4,600 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share. Record the transaction. Note: Enter debits before credits

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