Question: please show work!! I will appreciate it!! Problem 2 On May 1, 10,000 shares of $10 par common stock were issued at $30, and on

please show work!! I will appreciate it!!

Problem 2 On May 1, 10,000 shares of $10 par common stock were issued at $30, and on May 7, 5,000 shares of $50 par preferred stock were issued at $111. Journalize the entries for May 1 and May 7

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