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Hao Corporation had the following transactions during the current period. Mar. 2 Issued30,000common shares to its legal counsel in payment of a bill for $30,000for

Hao Corporation had the following transactions during the current period.

Mar. 2

Issued30,000common shares to its legal counsel in payment of a bill for $30,000for services performed in helping the company incorporate.June 12

Issued40,000common shares for $350,000cash.July 11

Issued1,400, $3noncumulative preferred shares at $110per share cash.Nov. 28

Issued2,800, $3noncumulative preferred shares at $99per share cash.

Journalize the transactions.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date

Mar. 2June 12July 11Nov. 28

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

(To record issuance of shares.)choose a transaction date

Mar. 2June 12July 11Nov. 28

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

(To record issuance of shares.)choose a transaction date

Mar. 2June 12July 11Nov. 28

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

(To record issuance of shares.)choose a transaction date

Mar. 2June 12July 11Nov. 28

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

enter an account title to record issuance of shares

enter a debit amount

enter a credit amount

(To record issuance of shares.)

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