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windsor corporation was organized on January 1, 2017. It is authorized to issue 10,300 shares of 8%, $100 par value preferred stock, and $18000 shares

windsor corporation was organized on January 1, 2017. It is authorized to issue 10,300 shares of 8%, $100 par value preferred stock, and $18000 shares of no par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year.
Jan 10 Issued 80740 shares of common stock for cash at $6 per share.
Mar 1 Issued 5370 shares of preferred stock for cash at $111 per share.
Apr 1 Issued 24840 shares of common stock for land. The asking price of the oand was $90490 the fair value of the land was $80740.
May 1 Issued 80740 shares of common stock for cash at $8 per share.
Aug 1 Issued 10300 shares of common stock to attorneys in payment of their bill of $48700 for services rendered in helping the company organize.
Sept 1 Issued 10300 shares of common stock for cash at $10 per share.
Nov. 1 Issued 1090 shares of preferred stock for cash at $109 per share.
a. Prepare the journal entries to record the above transactions.

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