On march 18 weber issued 100 shares of preferred stock at

Reference no: EM13609259

The following transactions are for Weber Corporation in 2010:

a.On March 1, the corporation was organized and received authorization to issue 5,000 shares of 8%, $100 par value preferred stock and 2,000,000 shares of $10 par value common stock.

b.On March 10, Weber issued 5,000 shares of common stock at $35 per share.

c.On March 18, Weber issued 100 shares of preferred stock at $120 per share. d.On April 12, Weber issued another 10,000 shares of common stock at $45 per share.

Required:

1. Prepare the appropriate journal entries

Reference no: EM13609259

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