Cash and Noncash Share issuances Sheiton Corporation was organued on June 1. The company's charter auathorizes 500,000 shares of $5 par walue comman stock, On July 1, the attorney who helged organize the corporation accepted fo0 shares of Skelon common stock in setwement for the services provided fthe services were valued at $8,000, On july 15 , Sheiton issued 6,000 cormmon shares for s65.000 cash On September 15, Sheltoo issued 2,000 common shares to acquire a vacint land site apprased at 528.090 Prepare the joumal entnes to record the stock isuances on july 1, Muly 15, and September 15 Cash and Noncash Share Issuances Skelton Corporation was organized on June 1. The company's charter authorizes 500,000 sh 600 shares of Skelton common stock in settlement for the services provided (the services w 15 , Skelton issued 2,000 common shares to acquire a vacant land site appraised at $28,000. Prepare the journal entries to record the stock issuances on July 1 , July 15 , and September 1