The charter of Maple Leaf Corporation authorized the issuance of 1,000 shares of preferred stock and 2,400 shares of common steek. Dung womonth period. Make Leat completed the notion Click the icon to view them) Read the resuitement Requirement 1. Record the transactions in the general Jumal (Hecord debitis first, the credits Select the port on the line of the journey Mar 23 Issued 240 shares of S2 Van Mock for cash of $10 per share Date Accounts and explanation Debe Credit Mar 23 More Info Mar. 23 Issued 240 shares of $2 par value common stock for cash of $10 per share. Received inventory with a market value of $25,000 and equipment with a market Apr. 12 value of $15,000 for 340 shares of the $2 par value common stock. Apr. 17 Issued 1,000 shares of 5%. $40 par value preferred stock for $40 per share. Print Done i Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the Maple Leaf balance sheet as of April 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $77,000 at April 30, 2018. Print Done