Feb 24, issued 130,000 shores of $7.50 par value common stack in exchange for furniture, equpment, and mochiner with foir market volues of $500,575,$1,200,000, ind $562,300 respectively. The require students to demonstrate an understanding of: 1. Common Stock transactions 2. Preferred Stock transactions 3. Cash Dividends transactions 4. Treasury Stock transactions 5. Organizational Expense transactions