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2. Leone Co. made the following transactions during the current period. Mar. 2 Issued 5,000 shares of $ 5 common value to attorneys for the
2. Leone Co. made the following transactions during the current period. Mar. 2 Issued 5,000 shares of $ 5 common value to attorneys for the payment of I a $ 30,000 bill for services rendered to help the company incorporate. June 12 issued 60,000 common shares of $ 5 par value per cash of $ 375,000. July 11. Issued 1,000 shares of $ 100 par value of shares preferred cash at $ 110 per share. Nov. 28 Purchased 2,000 treasury shares for $ 80,000. Instructions: Record the transactions
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