Exercise 11-8 Novak Corp. had the following transactions during the current period. Mar. 2 Issued 4,800 shares of $5 par value common stock to attorneys in payment of a bill for $28,900 for services performed in helping the company to incorporate. June 12 Issued 59,700 shares of $5 par value common stock for cash of $363,900. July 11 Issued 2,250 shares of $110 par value preferred stock for cash at $130 per share. Nov. 28 Purchased 1,720 shares of treasury stock for $79,500. 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 Click if you would like to show Work for this question. Onen Show Work Exercise 11-3 During its first year of operations, Sunland Company had the following transactions pertaining to its common stock. Jan. 10 Issued 68,000 shares for cash at $7 per share. July 1 Issued 43,000 shares for cash at $10 per share. Journalize the transactions, assuming that the common stock has a par value of $7 per share. (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 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS Journalize the transactions, assuming that the common stock is no-par with a stated value of $2 per share. (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 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS