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following transactions affecting stockholders' equity occurred; Apr. 1 Issued 82,000 shares of common stock at $17 cash per share. 3 Issued 2,200 shares of common

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following transactions affecting stockholders' equity occurred; Apr. 1 Issued 82,000 shares of common stock at $17 cash per share. 3 Issued 2,200 shares of common stock to attorneys and promoters in exchange for their services in organizing the corporation. The services were valued at $33,000. 8 Issued 5,000 shares of common stock in exchange for equipment with a fair market value of $50,000. 20 issued g,ono shares of preferred stock for cash at $55 per share. Required a. Prepare journal entries to record the above transactions

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