Windsor Corporation's charter authorized issuance of 476,000 shares of $1 par value common stock and 246,000 shares of $100 per value preferred stock. The following transactions involving the issuance of shares of stock were completed. Each transaction is independent of the others. 1. 2. 3. 4. Issued a $94,000 9% bond payable at par and gave as a bonus to company executives ten shares of preferred stock, which at that time was selling for $102 a share. Issued 7,300 shares of common stock for land. The land had been appraised at $91,300; the seller's book value was $49,800. The most recent market price of the common stock is $11 a share. The stock is regularly traded. Issued 4,500 shares of common stock and 50 shares of preferred stock for a lump sum amounting to $71,400. The common stock had been selling at $12 and the preferred stock at $110. Issued 860 shares of common stock and 50 shares of preferred stock for equipment. The common stock had a fair value of $19 per share; the equipment has a fair value of $22,000. Record the transactions listed above in journal entry form. (Do not round intermediate calculations. Round final answers to O decimal place, eg. 38,487. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) No. Account Titles and Explanation 1. Cash Bonds Payable Debit 94000 Credit 4. Record the transactions listed above in journal entry form. (Do not round intermediate calculations. Round final answers to O decima eg. 38,487. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) No. Account Titles and Explanation 1. Cash Bonds Payable Cash Preferred Stock Paid-in Capital in Excess of Par - Preferred Stock 2. Land Common Stock Paid-in Capital in Excess of Par-Common Stock 3. Cash Common Stock I Debit 94000 1020 91300 71400 Credit 940000 1000 20 20