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Hao Corporation had the following transactions during the current period. Mar. 2 Issued 26,000 common shares to its legal counselin payment of a bill for

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Hao Corporation had the following transactions during the current period. Mar. 2 Issued 26,000 common shares to its legal counselin payment of a bill for $34,000 for services performed in helping the company incorporate June 12 Issued 55,000 common shares for $355.000 cash July 11 Issued 2,200.53 noncumulative preferred shares at $120 per share cash Nov. 28 Issued 4,400,63 noncumulative preferred shares at $98 per 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 on enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record issuance of shares) (To record issuance of shares) (To record issuance of shares AM To record issuance of shares)

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