Exercise 13-05

Blue Spruce Co. had the following transactions during the current period.

Mar.	2		Issued 5,000 shares of $7 par value common stock to attorneys in payment of a bill for $39,600 for services performed in helping the company to incorporate.
June	12		Issued 63,400 shares of $7 par value common stock for cash of $519,100.
July	11		Issued 2,175 shares of $110 par value preferred stock for cash at $130 per share.
Nov.	28		Purchased 2,350 shares of treasury stock for $83,500.

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.)

Date	Account Titles and Explanation	Debit	Credit
Mar. 2June 12July 11Nov. 28
Mar. 2June 12July 11Nov. 28
Mar. 2June 12July 11Nov. 28
Mar. 2June 12July 11Nov. 28