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ans in 10 min pls Courtland Corp. was authorized to issue 450,000 $2.00 preferred...

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ans in 10 min pls

Courtland Corp. was authorized to issue 450,000 $2.00 preferred shares and 500,000 common shares. During December 2014, their first month of operations, the following selected Tansactions a. December 4: 11,000 preferred shares and 13,000 common shares were issued at $3.00 and $1.00, respectively, cash. b. December 9: Issued 10.000 preferred shares at $5.00 per share for cash. c. December 10: 13,000 of the common shares were issued for a total of $39,000 cash. d. December 13: Gave the corporation's promoters 6,000 common shares for their services in organizing the corporation. The directors valued the services at $60,000. e. December 21 : 12,000 of the preferred shares were issued for a total of $36,000 cash. f. December 24: 12,000 common shares were issued in exchange for land valued at $48,000. g. December 24 : Issued 11,000 common shares at $6.00 per share for cash

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