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Exercise 13-5 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,400 shares of $7 par value common stock to attorneys

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Exercise 13-5 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,400 shares of $7 par value common stock to attorneys in payment of a bill for $36,200 for services performed in helping the company to incorporate. June 12 Issued 64,300 shares of $7 par value common stock for cash of $528,100 July 11 Issued 2,500 shares of $100 par value preferred stock for cash at $140 per share Nov, 28 Purchased 1,850 shares of treasury stock for $80,000. 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

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