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Wingra Corporation wos organized in March. It is authorized to issue 600,000 shares of $100 par value 6% preferred stock, It is also authorized to

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Wingra Corporation wos organized in March. It is authorized to issue 600,000 shares of $100 par value 6% preferred stock, It is also authorized to issua 750,090 shares of $1 par value common stock, tn its first year, the corporation has the following transactions: Mar. 1 Issued 10,000 shares of preferred stock at $115 per share. Mar. 2 Issued 150,000 shares of common stock at $13 per share. Apr. 10 tssued 15,000 shares of common stock for equipment valued at $196,000. The stock is currently trading at $12 per share, and is a more reliable indicator of the value of the equipment. Jun. 12 Issued 12,000 shares of common stock at $15 per share. Aug. 5 Issued 1,000 thares of preferred stock at $112 per share. Prepare the fournal entries to recard the tranmwitim. if an amount box does not require an entry, leave it blank

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