The following transactions are for Weber Corporation in 2010:
a.On March 1, the corporation was organized and received authorization to issue 5,000 shares of 8%, $100 par value preferred stock and 2,000,000 shares of $10 par value common stock.
b.On March 10, Weber issued 5,000 shares of common stock at $35 per share.
c.On March 18, Weber issued 100 shares of preferred stock at $120 per share. d.On April 12, Weber issued another 10,000 shares of common stock at $45 per share.
Required:
1. Prepare the appropriate journal entries