Chapter 18 Homework Help Save & Ext Submit Check my work 3 During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders equity. The articles of incorporation authorized the issue of 8 million common shares. Si par per share, and 1 million preferred shares $50 par per share 1 DO Feb. 12 Sold 3 million common shares, for $10 per share. 13 Issued 43, common shares to attorneys in exchange for legal services 19 Sold 83,000 of its common shares and 2.000 preferred shares for total of $950,000 Nov. 15 Issued 300,000 of its common shares in exchange for agent for which the cih price was known to be 53,748.000 Required: Prepare the appropriate journal entries to record each transaction. Of no entry is required for a particular transaction, select "No journal entry required in the first account field. Enter your answers in whole dollars.) Pin herences View transactions Journal entry worksheet >