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Exercise 13-5 Quay Co. had the following transactions during the ourrent period. Mar. 2 Issued 4,500 shares of $6 par value common stock to attorneys

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Exercise 13-5 Quay Co. had the following transactions during the ourrent period. Mar. 2 Issued 4,500 shares of $6 par value common stock to attorneys in payment of a bill for $32,600 for services performed in helping the company to incorporate. June 12 Issued 55,200 shares of $6 par value common stock for cash of $401,700. July 11 Issued 2,975 shares of $110 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 2,730 shares of treasury stock for $80,500. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is ente Do not indent manually)

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