Nash Corporation's charter authorized issuance of 102,000 shares of $10 par value common stock and 47,600 shares of $50 par value preferred stock. The following transactions involving the issuance of shares of stock were completed. Each transaction is independent of the others. 1. 2. 3. 4. Issued a $9,000, 9% bond payable at par and gave as a bonus one share of preferred stock, which at that time was selling for $101 a share. Issued 460 shares of common stock for equipment. The equipment had been appraised at $6,400; the seller's book value was $5,700. The most recent market price of the common stock is $17 a share. 1. Issued 252 shares of common and 126 shares of preferred for a lump sum amounting to $10,100. The common had been selling at $15 and the preferred at $70. Issued 200 shares of common and 53 shares of preferred for equipment. The common had a fair value of $17 per share; the equipment has a fair value of $6,800. Record the transactions listed above in journal entry form. (List all debit entries before credit entries. Do not round intermediate calculations. Round final answers to O decimal places, e.g. 38,487. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit

Nash Corporation's charter authorized issuance of 102000 shares of $10 parvalue common stock and 47,600 shares of 550 par value preferredstock The following transactions involving the issuance of shares of stock were completed Each traasaction is indeptindent of the others. 1. Issued a $9,000, 9 bond payable at par and gave as a bonus one share of preferred stock, which at that time was selling for \$101 ashare 2. Issued 460 shares of common stock for equipment The equipment had been appraised at $6,400, the selier's book value was 55,700. The most recent market price of the common stock is $17 ashare. 3. Issued 252 shares of common and 126 shares of prcferred for a lump sum amounting to $10,100. The common had been sellingat $15 and the preferred at $70. 4. Iswed 200 shares of common and 53 shares of preferred for equipment. The common had a fair value of $17 per share, the equipment has a fair value of $6800. Record the transactions listed above in journal entry form. (List all debit entries before credit entries Do not round intermedlate colculotions. Round final answers to 0 decimol places, es. 38,487. Credit account titles are automotically indented when the amount is entertd Do not indent manuelly if no entry is required, select 'No Entry' for the account titles and enter Ofor the amounts)