Question: (please I need the answer soon, thank you so much) I want( share capital - ordinary and share capital prefernce ) Question: Castle Battle Corporation

(please I need the answer soon, thank you so much)

I want( share capital - ordinary and share capital prefernce )

Question: Castle Battle Corporation was organized on March 1.2020: It is authorized to issue 10,000 shares of 8 % , $ 100 par value preferred stock, and 500,000 shares of par value common stock with a stated value of $ 4 per share. The following stock transactions were made

Mar 10: Issued 80,000 shares of common stock for cash at $ 10 per share.

May.15 : Issued 5,000 shares of preferred stock for cash $ 216 per share

June.12 : Issued 24,000 shares of common stock for land. The asking price of the land was $ 180,000; the fair market value of the land was $160,000

July.17 : Issued 80,000 shares of common stock for cash at $ 14 per share.

Aug.19: Issued 10,000 shares of common stock to attorney in payment of their bill $ 100,000 for services rendered.

Oct.23: Issued 10,000 shares of common stock for cash at $ 18 per share.

Nov.25: Issued 1,000 shares of preferred stock for cash at $ 224 per share.

Dec.28: Issued 12,000 shares of common stock for cash at $ 20 per share.

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