Stockholders' Equity= Transactions and Bulance sheet Presentation Tunic Corporation was organized on Aprili, wehan autharization of 25,000 shares of six percenc s. popar value profered stock and 200,000 shares of 55 par value cominon stok. Ouring Aphil the 20 Estued 6000 shires et prejeried thock for canh at 555 per there. Requred a. Prepare journal entries to record the abore transacione b. Prepare the stockholders equity section of the balance sheet at Aniil an a ww.we that the net income for April is sat9.000 Marks for ttils sutimistion: 6.52/20.00