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Queation 4 DeLonz Corporation was onanized cn Jamuary 1, 2020. It is anthorized to and 500 000 s or 8, S100 par vahue preferred stock

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Queation 4 DeLonz Corporation was onanized cn Jamuary 1, 2020. It is anthorized to and 500 000 s or 8, S100 par vahue preferred stock share. The followine stoek tr otion stated value of $2 per first year. an. 1dssued Mar ssued 5,000 shares of preferred stock for eash at $105 per share. Apr. ssued 24.000 shares of common stock for land Tbe asking price 000 shares of common stock for cash at $4 per share. M w$90,000. The fair value of the land was $85,000. Aug 1 ued 10.000 of common stock for cash at $4.5 per share their bill of $30,000 for services nerfomedin balmi mat on company organize Assued 10,000 shares of common stock for cash at $5 per share. Sept Nov Issued 1,000 shares of preferred stock for eash at $109 per share (a) Journalize the presented in the problem. Credit account titles the order automatically indented when amoont is entered. Do not indent manually.) Date Account Ttles and Exolanation Debit Credit

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