ive already done part a. part because doesnt need to be done. i dont know how tk do part c though. ive got a test later today so im just trying to rework some of the homework problems.

Problems: Set A J: a P13.1A (LO 2, 3) Financial Statement DeLong Corporation was organized on January 1, 2020. It is authorized to issue 10,000 shares of 8%, $100 par value preferred stock, and 500,000 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 Mar. 1 Apr. 1 May 1 Aug. 1 Issued 80,000 shares of common stock for cash at $4 per share. Issued 5,000 shares of preferred stock for cash a $105 per share. Issued 24,000 shares of common sick for land. The asking price of the land was $90,000 The fair value of the land was $85,000. Issued 80,000 shares of common stock for cash at $4.50 per share. Issued 10,000 shares of common stock to attorneys in payment of their bill of $30,000 for services performed in helping the company organize. Issued 10,000 shares of common stock for cash at $5 per share. Issued 1,000 shares of preferred stock for cash at $109 per share. Sept. 1 Nov. 1 Instructions a. Journalize the transactions. b. Post to the stockholders' equity accounts. (Use T-accounts.) c. Prepare the paid-in capital section of stockholders' equity at December 31, 2020. Jan 10 M. Surralpe the transaction Gilen aus Cls vale Cush Cocooox 4 (320000 (2000x2) 1600 ou PIC 1600w Gren as Ils van AR S. ish (5000x105) 525000 Us (5000 400 Soouu 25000 land 85 oco 48000 37000 PIC 360ou 1 My L Cash &auo ax Y,5) Us (Brow x 2) PIC 2ooow Jui Sc HAV CAS Cloone) 26 ) Zoow up 2 Ay In organzatina expernet brow 2 ces Cloow x forg 12oow PIC 9 10ow Sep. I Cash (100u xs) oold soon + ) . poe salon w for 3bood & non Auto hat we ooo bad 360 Now Cat (1000x/69) ou 10.9 doo! I for at sels (100x106) kr 100 oco! ouool 9.000 32. C. profar the Ptc sector of Stockholms ceuks at Dee &, zda