(B) BBS corporation had the following transactions during the current period. March 2 - Issued 5,000 shares of $7 par value common stock to attorneys in payment of a bill for $50000 for services performed in helping the company to incorporate. June 12 - Issued 52000 shares of $7 par value common stock for cash of $543000. July 11 Issued 1060 shares of $120 par value preferred stock for cash at $140 per share. Instructions: Journalize the above transactions 8:45 AM