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Corporetions 1. Pecord the journal entries for each of the stock trarbactions. a. On August ist, Postcard Corporation issued 37,500 common shares for $252,440cash. b. On August 12th, an additional 47000 common shares were issued for cash of 5695 per share. Pecord the joumv entries for each of these transactions. c. On September 7th, 2000 common shares were isased to the corporation's promoters in exchange for advertising services that were performed. The promotion is valued to be worth 515,000 d. On September 20,6,000 preferred shares were issued for cash totalling 542,900