Exercise 11-7: Quay Co. had the following transactions during the current period.

Mar. 2 Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $29,600 for services performed in helping the company to incorporate. June 12 Issued 57,100 shares of $5 par value common stock for cash of $354,500. July 11 Issued 2,400 shares of $100 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 1,900 shares of treasury stock for $82,400. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit