ACC 222 FINAL BB Copy - Protected View . Saved to this PC Search sign Layout References Mailings Review View Help em the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing PROBLEM II Budget Office Supply Corporation completed the following stock issuance transactions: Issued 5,000 shares of $4 stated value common stock for Mar. 28 cash of $20 per share Received merchandise inventory with a market value of $46,000 in exchange for 2,000 shares of the $4 stated value May 1 common stock Issued 450 shares of 5%, $20 par value preferred stock for May 14 550 per share Issued 4,000 shares of $3 par value common stock for cash June 7 of $12 per share Aug. 16 Issued 400 shares of no-par preferred stock for $25,000 cash Received equipment with a market value of $75,000 in exchange for 5,000 shares of the $3 par value common Sept. 19 stock REQUIRED: Prepare the journal entries to record these transactions. Explanations are not required. BI