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Share Issuances for Cash Henley, Issued 10,000 shares of 36 par value preferred stock at 586 per share and 8.000 shares of no-par value common

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Share Issuances for Cash Henley, Issued 10,000 shares of 36 par value preferred stock at 586 per share and 8.000 shares of no-par value common stock at 527 per share the common stock has no stated value, All issuances were for cash a. Prepare the journal entries to record the share issuances b. Prepare the journal entry for the cance of the common stock assuming that it had a stated value of per share Prepare the journal entry for the issuance of the common stock assuming that it had a par value of pershare Landing

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