During its first year of operations, Criswell Inc. completed the following transactions relating to shareholders' equity. January 5: Issued 380,000 of its common shares for $8 per share and 3,800 preferred shares at $110. February 12: Issued 58,000 shares of common stock in exchange for equipment with a known cash price of $326,000. The articles of incorporation authorize 5,000,000 shares with a par of $1 per share of common and 1,000,000 preferred shares with a par of $100 per share. Required: Record the above transactions in general journal form.

Some disadvantages to leasing a car is that you are counting on someone to give you money every week or month depending on what you decided and if they don't have all of it well what if you needed that money now you as well have to pay not in full. a disadvantages to purchasing a new vehicle is if it is used then not all the time will absolutely everything work. its almost like a trail and era. although if it is a new car they will try to though all these specials and deals at you in your lease and it can be very overwhelming if you are not use to it.   

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