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Windsor Corporation's charter authorized issuance of 1 0 5 , 0 0 0 shares of $ 1 0 par value common stock and 5 3
Windsor Corporation's charter authorized issuance of shares of $ par value common stock and shares of $ par value preferred stock. The following transactions involving the issuance of shares of stock were completed. Each transaction is independent of the othersIssued a $ bond payable at par and gave as a bonus one share of preferred stock, which at that time was selling for $ a share.Issued shares of common stock for equipment. The equipment had been appraised at $; the seller's book value was $ The most recent market price of the common stock is $ a share.Issued shares of common and shares of preferred for a lump sum amounting to $ The common had been selling at $ and the preferred at $Issued shares of common and shares of preferred for eguipment. The common had a fair value of $ per share; the equipment has a fair value of record the transactions in journal entry form
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