17. Received cash from Lataya Davis for 200 shares of 6%, $50.00 par-value preferred stock at par value, $10,000.00. Receipt No. 443. Journalizing preferred stock transactions Journalize each transaction completed during the current year. A general journal and a cash receipts journal are provided in the Working Papers. Your instructor will guide you through the following examples. Transactions: Mar. 17. Received cash from Lataya Davis for 200 shares of 6%,$50.00 par-value preferred stock at par value, $10,000.00. Receipt No. 443 . May 2. Received cash from Richard Estes for 100 shares of 6%,$50.00 par-value preferred stock at $53.00 per share, $5,300.00. Receipt No. 589 . July 12. Received office equipment from Isabella Hubbard at an agreed-upon value of $7,300.00 for 130 shares of 6%,$50.00 par-value preferred stock. Memorandum No. 133