URCES Problem 15-4 Your answer is partially correct. Try again. Marigold Corporation's charter authorized issuance of 105,000 shares of $10 par value common stock completed. Each transaction is independent of the others. 1 Issued a $9,200,9% bond payable at par and gave as a bonus one share of preferred stock, which at that time and 4o soo shares of sso preferred stock. The followino transactions involving the issuance of shares of stock were Jbv. Study 2. Issued 460 shares of common stock for equipment. The equipment had been appraised at $7,000; the seller's 3. Issued 343 shares of common and 107 shares of preferred for a lump sum amounting to $11,000. The common was selling for $102 a share. book value was $6,400. The most recent market price of the common stock is $15 a share. had been selling at $13 and the preferred at $69. 4. Issued 190 shares of common and 50 shares of preferred for equipment. The common had a fair value of $15 per share; the equipment has a fair value of $6,100. Record the transactions listed above in journal entry form. (Round Round intermediate calculations to 6 decimal places, e.g. 0.546872 and final answers to 0 decimal places, e.g. $38,487. Credit account titles are automatically indented when amount is entered. Do not indent manualy. If no entry is required, select No Entry" for the account titles and enter o for the amounts.) No. Account Titles and Explanation 1Cash Debit Credit 9,200 Discount on Bonds Payable 102 Paid-in Capital in Excess of Par-Preferred Stock 52 ent CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Paid-in Capital in Excess of Par- Common Stock 2,300 3. Cash 11,000 Common Stock 3,430 Paid-in Capital in Excess of Par-Common Stock Preferred Stock 5,350 Paid-in Capital in Excess of Par - Preferred Stock 4. Equipment 6,100 Common Stock 1,900 Paid-in Capital in Excess of Par Common Stock Preferred Stock 2,500 Paid-in Capital in Excess of Par Preferred Stock