AyayaiCo. had the following transactions during the current period.

Mar.2 Issued4,200shares of $7par value common stock to attorneys in payment of a bill for $33,700for services performed in helping the company to incorporate.

June12 Issued59,900shares of $7par value common stock for cash of $496,200.

July11 Issued2,550shares of $120par value preferred stock for cash at $130per share.

Nov.28 Purchased3,350shares of treasury stock for $80,500.

Journalize the transactions.(Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date Account Titles and Explanation Debit Credit

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