Garner Corporation is authorized to issue 1,000,000 shares of $5 par value common stock During 2016, its first year of operation, the company has the following stock transactions. Instructions: Journalize the transactions IN GOOD FORM for Garner Corporation. Jan. 1 Issued 500,000 shares of stock at $7 per share. Date Account Debit Credit Jan. 30 Attorneys for the company accepted 500 shares of common stock as payment legal services rendered in helping the company incorporate. The legal services estimated to have a value of $8,000. Account Debit Credit Date July 2 Issued 100,000 shares of stock for land. The land had an asking price of $900 The stock is currently selling on a national exchange at $8 per share. Account Debit Credit Date Sept. 5 Date Purchased 15,000 shares of treasury stock at $10 per share. Account Debit Credit Dec. 6 Date Sold 11,000 shares of the treasury stock at $11 per share. Account Debit Credit