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  3. 3a. (13 points) halpern corporation hee 1,000,000

3a. (13 points) Halpern Corporation hee 1,000,000 sheres authoritand of $3 par value coaumoes sock....

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Accounting

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3a. (13 points) Halpern Corporation hee 1,000,000 sheres authoritand of $3 par value coaumoes sock. Durins Instructions: Joumalize the tranciactions for Halpern Corporation. Jan. 15 Issued 500,000 sharev of caminon stock at $6 per whine. May 1 Declared a cash dividend of 5.20 per share on 500,000 shares of the issued common stock: May 31 Paid the cash dividend declared on May 1. June 30 Attomeys for the company accepted 500 shares of common stock as payment for legal services rendered in belping the company incorporate. The stock was not publicly traded at that time. The legal services are estimared to have a value of $7,000. Issued 100,000 shares of stock for land. The land had an asking price of $900,000. The stock is currently selling on a national exchange at $8 per share

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