Prepare the necessary journal entry for each of the following transactions for Coronado Corporation, abst oil dehit entries tedore crefie entries Credit occount tities are outomatically indented when the amount is enfered Do not indent manualiyd (a) Isuied 2.900 shares of its $10 par value commonstock for $20 per share. (th) Issued 5.000 shares of its stock for land advertised for sale at 390.000 . Coronado s stockis currently actively traded at a market peice of $17 per share. market price of $17 per share. List of Accounts Assistance Uied Accounts Payable Accounts Receivable Accumulated Depreciation-Lquipnent. Allavanice for Doubtful Accounts Bad Debts fxgense Cash Caitinveristock: Depreciation Lapense Kquapents Cainion Sale of Stock: Question 7 of 20 income Summary Incoine Tax Expense Income Tax Payable Irourance Expense Interest Expense Interest Payable inyentory Lard Losion Disposal of Plant Asuets No Entry Notns Payable Organuzation Expense Question 7 of 20 Paid In Capital from Treasiry stude Paid in Capital in Eucess of Par Common Stock Paid in Capital in Fxcest of Par Preferrid Syock Paid-is Cagital in Excess of 5 tated Valle Common fitock Patenk: Preferted Stock Frepaid Expinses Prepaid inaurance Retainedfarniliss Sal arins and Wiges Equerset Salaies and Wagrit Peypable Service Revinue Unit Iit Lab Assignment Question 7 of 20 Srtvice Revenue Share Capital-Ordinary Stare Cagital Preference Stare Premium-Ordinary Shice Premiumptrefermee Sipplies Supplien fupense Tiemury Stock Wonarned Service Renenue Dtaites typense Arempte o of 2 uned