Question: 6) everything is correct- just need help with the balance sheet now (it looks like a lot bit it's mostly done) please help Current Attempt

6) everything is correct- just need help with the balance sheet now
(it looks like a lot bit it's mostly done) please help
Current Attempt in Progress Pronghorn Corporation was organized on January 1, 2022.
It is authorized to issue 11,000 shares of 8%, $100 par value
preferred stock, and 498,000 shares of no-par common stock with a stated
value of $2 per share. The following stock transactions were completed during
the first year. Jan. 10 Issued 75,500 shares of common stock for
cash at $4 per share. Mar. 1 Issued 5,550 shares of preferred
stock for cash at $105 per share. Apr. 1 Issued 24,500 shares
of common stock for land. The asking price of the land was

Current Attempt in Progress Pronghorn Corporation was organized on January 1, 2022. It is authorized to issue 11,000 shares of 8%, $100 par value preferred stock, and 498,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 75,500 shares of common stock for cash at $4 per share. Mar. 1 Issued 5,550 shares of preferred stock for cash at $105 per share. Apr. 1 Issued 24,500 shares of common stock for land. The asking price of the land was $85,500. The fair value of the land was $85,500. May 1 Issued 75,500 shares of common stock for cash at $4.75 per share. Aug 1 Sept. 1 Nov. 1 Issued 2,500 shares of preferred stock for cash at $108 per share. Issued 11,500 shares of common stock to attorneys in payment of their bill of $40,000 for services performed in helping the company organize. Issued 11,000 shares of common stock for cash at $7 per share.

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