National Gas Corporation was organized on June 1, 2014. It is authorized to issue 100,000 shares of 5%, $100 par value preferred stock, and 1,750,000 shares of no par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year.
June 15 Issued 165,000 shares of common stock for cash at $5 per share.
June 30 Issued 25,000 shares of preferred stock for cash at $102 per share.
Aug. 15 Issued 20,000 shares of common stock for a factory building. The asking price of the factory building was $150,000; the appraised value of the factory building was $140,000.
Sept. 1 Issued 200,000 shares of common stock for cash at $7 per share.
Oct. 1 Issued 5,000 shares of common stock to attorneys in payment of their bill of $40,000 for services rendered in helping the company organize.
Oct. 15 Issued 25,000 shares of common stock for cash at $8.50 per share.
Nov. 1 Issued 6,000 shares of preferred stock for cash at $104 per share.

Instructions
Prepare the journal entries to record the above transactions.