HL has unlimited no-par common shares authorized. The following transactions took place in the first year:

a. To record authorization of shares by board of directors (memorandum).

b. Issues 100,000 shares at $20; collected cash in full and issued the shares. Share issue costs amounted to $60,000. Treat this amount as a reduction of the common share account.

c. Received subscriptions for 50,000 shares at $30 per share; collected 60% of the subscription price. The shares will not be issued until collection of cash in full.

d. Issued 400 shares to a lawyer in payment for legal fees related to trademark registration. The lawyer estimates that the legal services provided would have been worth $12,000.

e. Issued 20,000 shares and assumed an $60,000 mortgage in total payment for a building with a fair value of $280,000.

f. Collected balance on subscriptions receivable in (c).

Journalize the above transactions, or indicate if no journal entry.