• 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:

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