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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 105,000 shares of $10 par value common stock and 53,700 shares of $50 par value preferred stock. The following transactions involving the issuance of shares of stock were completed. Each transaction is independent of the others.2.3.4.Issued a $9.600,8% bond payable at par and gave as a bonus one share of preferred stock, which at that time was selling for $108 a share.Issued 550 shares of common stock for equipment. The equipment had been appraised at $6,600; the seller's book value was $6,100. The most recent market price of the common stock is $17 a share.Issued 242 shares of common and 121 shares of preferred for a lump sum amounting to $10,500. The common had been selling at $15 and the preferred at $70.Issued 180 shares of common and 50 shares of preferred for eguipment. The common had a fair value of $17 per share; the equipment has a fair value of 6.000 record the transactions in journal entry form
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