Section E--Capital Stock Transactions Golden Rams Corporation is granted a ch $50 par value preferred stock ms Corporation is granted a charter that authorizes the issuance of 100,000 shares of value preferred stock and 300.000 shares of $10 par value common stock. repare the journal entry to record the following transactions. 1. Golden Rams issued 3.000 shares of common stock to its attorneys for costs associated with starting the corporation. At that time, the common stock was selling at $15 per share. 2. Golden Rams issued 10,000 shares of preferred stock are sold for cash at $60 per share. 3. Golden Rams acquired land and building by issuing 30,000 shares of common stock. The land was recently appraised at $100,000 and the building was appraised at $400,000