Horse Productions, Inc., was organized on June 4 of this year and has a charter that stipulates the following authorized capital:
a. 10,000 shares of preferred 9 percent stock, $ 60 par value
b. 35,000 shares of common stock, $ 22 par value
During the first year of its operations, Horse Productions, Inc., completed the following transactions:
June 15 Received subscriptions to 8,000 shares of common stock at $ 22 per share; collected 60 percent of the subscription price.
Aug. 15 Subscribers to 8,000 shares of common stock paid an additional 25 percent of the subscription price.
Sept. 17 Subscribers to 8,000 shares of common stock paid an additional 15 percent of the subscription price. Horse Productions, Inc., issued the 8,000 shares of stock.

Required
Record the transactions in general journal form.