answer in 30 minutes

Oppong Corporation began a very lucrative consulting operation on April 1, 2014. They are authorized to issue 500,000 shares of $5.00 cumulative preferred shares. They are also authorized to issue 600,000 common shares. a. April 2 : 12,000 common shares were issued in exchange for land valued at $60,000. b. April 8 : 10,000 of the preferred shares were issued for a total of $35,000 cash. c. April 23 : Issued 11 ,000 preferred shares at $2.84 per share for cash. d. April 24 : 7,000 of the common shares were issued for a total of $20,300 cash. e. April 27 : Gave the corporation's promoters 11 ,000 common shares for their services in organizing the corporation. The directors valued the services at $35,000. f. April 30 : In addition to the declaration of the annual dividend on the preferred shares, dividends of $18,000 were declared on the common shares today. Prepare journal entries for the above transactions, entering the transaction letter as the explanation. Also, enter dates in the format dd/mmm (ie. 15/Jan). Date General Journal Account/Explanation Page GJf F Debit Credit