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Question 3 of 3 1.67/5 TIT View Policies Show Attempt History Current Attempt in Progress Sheffield Corp.was organized on January 1, 2022. It is authorized

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Question 3 of 3 1.67/5 TIT View Policies Show Attempt History Current Attempt in Progress Sheffield Corp.was organized on January 1, 2022. It is authorized to issue 21,300 shares of 7%. $53 par value preferred stock and 465,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Mar. 1 May 1 Issued 72,500 shares of common stock to cash at $5 per share Issued 1.250 shares of preferred stock for cash at $56 per share. Issued 117.500 shares of common stock for cash at $6 per share. Issued 5,500 shares of common stock for cash at $9 per share Issued 3.500 shares of preferred stock for cash at $60 per share. Sept 1 Nov. 1 (a) (b) Post to the stockholders equity accounts. (Post entries in the order of journal entries posted in the previous port) Preferred Stock Pald-in Capital in Excess of Par Value-Preferred Stock Common Stock Question 3 of 3 1.67/5 E Common Stock Pald-in Capital in Excess of Stated Value-Common Stock > > >

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