Issuance of no-par common stock and preferred stock. QS11-4. Prepare the journal entry to record Gaylord Company's issuance of 52,000 shares of...

Issuance of no-par common stock and preferred stock.QS11-4. Prepare the journal entry to record Gaylord Company's issuance of 52,000 shares of no-par value common stock assuming the shares: a. Sell for $30 cash per share b. Are exchanged for land valued at $1,560,000 QS11-6. a. Prepare the journal entry to record Tamar Company's issuance of 6,000 shares of $100 par value 6% cumulative preferred stock for $102 cash per share.b. Assuming the facts in part 1, if Tamar declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.)

QS11-4. Prepare the journal entry to record Gaylord Company's issuance of 52,000 shares of no-par valuecommon stock assuming the shares:a. Sell for $30 cash per shareb. Are exchanged for land...