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  3. mar. 2 issued 5,100 shares of $5 par value common

Mar. 2 Issued 5,100 shares of $5 par value common stock to attorneys in payment...

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Accounting

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Mar. 2 Issued 5,100 shares of $5 par value common stock to attorneys in payment of a bill for $30,600 for services performed in helping the company to incorporate. June 12 Issued 65,000 shares of $5 par value common stock for cash of $406,250. July 11 Issued 1,000 shares of $100 par value preferred stock for cash at $112 per share. Nov. 28 Purchased 1,500 shares of treasury stock for $60,000. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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