300,000 Common Shares sold at $5 per share Total Value 1500000 make the appropriate journal entries. a) Company J issued 30,000 $2 preferred shares at worth $80 each for cash 1-Jan b) company J issued 20,000 $2 Preferred Shares to purchase an Office Building $1,400,000 2-Jan c) company J issued 100,000 common shares at $7 each for cash 3-Jan d) company J Paid Legal fees worth $220,000 by issuing 40,000 Common Shares 4-Jan Date Description DR CR a) Cash b) c) 8 marks (2 each) d)