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During its first year of operations, Bonita Corporation had the following transactions pertaining to its common stock Jan. 10 Issued 83,700 shares for cash at

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During its first year of operations, Bonita Corporation had the following transactions pertaining to its common stock Jan. 10 Issued 83,700 shares for cash at $6 per share. Mar. 1 Issued 5,000 shares to attorneys in payment of a bill for $37,000 for services rendered in helping the company to incorporate. July 1 Issued 32,100 shares for cash at $8 per share. Sept. 1 Issued 63,100 shares for cashat $10 per share. Prepare the journal entries for these transactions, assuming that the common stock has a par value of $5 per share. (List all deblt entries before credit entries. Credit ocoount tites are automatically indented when the amount is entered. Do not indent manually If no entry Is required, select "No Entry" for the occount titles and enter O for the amounts. Record entries in the order displayed in the problem statement.)

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