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During the first half of 2017 the following transactions occurred in Amwaj Corporation: 5/Jan/2017 25/Jan/2017 Issued 25,000 common stock for $3 per share. Par value

During the first half of 2017 the following transactions occurred in Amwaj Corporation:

5/Jan/2017

25/Jan/2017

Issued 25,000 common stock for $3 per share. Par value was $1.5 per share.

Issued 10,000 common stock at par value of $4 per share, in payment of attorney

bill amounted to $35,000 for service provided during incorporation.

7/Feb/2017

Received $6000 cash for issuing 100 preferred stock of $50 stated value.

9/April/2017

Purchased 2000 of its common stock for $10,000.

15/May/2017

Sold 1000 of its treasury stock at $7 each.

3/June/2017

Sold the remaining treasury stock at $2 each.

Required:

Prepare the journal entries for all transactions.

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