please show me the correct journal entries, its comp

NAME: SCORE: SECTION: PROFESSOR: problem #9 Issuance of Shares B. Sorima Corporation began operations on Jan. 1, 2015. The following transactions relating to shareholders' equity occurred in the first two years of the corporation's operations: 2015 Jan. 1 Authorized the issuance of 2 million shares of P5 par value ordinary shares and 100,000 shares of P100 par value, 10% cumulative preference shares. Jan. 2 Issued 200,000 shares of ordinary shares for P12 cash per share. Jan. 3 Issued 100,000 shares of ordinary shares in exchange for a building valued at P820,000 and merchandise inventory valued at P380,000. Jan. 4 Paid P10,000 cash to the corporation's founders for organization activities. Jan. 5 Issued 12,000 shares of preference shares for P110 cash per share. 2016 June 4 Issued 100,000 shares of ordinary shares for P15 cash per share. Required: 1. Prepare the journal entries to record these transactions. 2. Prepare the share capital section of the shareholders' equity as at Dec. 31, 2015 and Dec. 31, 2016