5. Danielle Corporation is authorized to issue 100,000 shares of $5 stated value common stock and 2,000 shares of $100 par value, 8 percent preferred stock. Prepare entries in journal form without explanations to record the following transactions: (20 points) Apr. 15 Issued 1,000 shares of common stock to an attorney for a bill of $9,000 for services rendered. 25 Issued 1,000 shares of preferred stock for cash of $115 per share. 27 Issued 8,000 shares of common stock in exchange for land for a plant site valued at $50,000. May 1 Issued 15,000 shares of common stock for $90,000 in cash. General Journal Page 1 Date Description Post. Ref. Debit Credit