On February 20 Mudguard Corp. a carpet wholesaler issue

On February 20 Mudguard Corp. a carpet wholesaler issued for cash 100000 shares of no-par common stock (with a stated value of $10) at $15 and on April 30 it issued for cash 4000 shares of $25 par preferred stock at $30. a. Journalize the entries for February 20 and April 30 assuming that the common stock is to be credited with the stated value.
Journalize the entries for February 20 and April 30 assuming that the common stock is to be credited with the stated value.
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