Ayayai Corp. had these transactions during the current period. June 12 Issued 73,000 shares of $3 stated value common stock for cash of $300,000. July 11 Nov. 28 Issued 3,600 shares of $100 par value preferred stock for cash at $106 per share. Purchased 2,200 shares of treasury stock for $29,000. Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation June 12: Cash Common Stock Paid-in Capital in Excess of Par Value-Common Stocki July 11: Cash Debit Credit 300,000 M M M Q 73,000 V Ad 227,000 Q Ac