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Anment CALCULATOR PRINTER VERSION Wildhorse Inc. issues 500 shares of 510 par le common stock...

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Anment CALCULATOR PRINTER VERSION Wildhorse Inc. issues 500 shares of 510 par le common stock and 100 shares of $100 por ale preferred stod for a lump sum of $100.000 RACK (a) Prepare the journal entry for the issuance when the market price of the common share is and market price of the preferred (b) Prepare the journal entry for the ince when only the market price of the common is known (Round answers to decimal place, $1,225. Credit account titles are automatically indeed when times moderatry for the account titles and enter for the amounts.) No, Account Titles and Explanation Debit Crete (a) Cash 102000 Common Stock 5000 Preferred Stock 10000 Paid in Capitalin e Paid in Capital in so (b) Cash 107000 E Common Stock Preferred Stock 10000 Paldin Capital in ce Paid in Capital in Excel SHOW LIST OF ACCOUNIS A A D

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