Issued 24 shares of common for the w rite and was the fa ther and med 9.700 hrs of common stock to top in the 100 for vi d ere in the sued 9.700 shares of common stock for what there 1.000 shares o perder cash 107 Pregarthenaereo record the conseil s are Date Account and planti Bonita Corporation was organized on January 1, 2017. It is authorized to issue 9,700 shares of 8%, $100 par value preferred stock, and 540,200 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year. Jan. Issued 80,290 shares of common stock for cash at $6 per share. 10 Mar. Issued 5,190 shares of preferred stock for cash at $111 per share. Apr. 1 Issued 24,970 shares of common stock for land. The asking price of the land was $91,640, the fair value of the land was $80,290. May Issued 80,290 shares of common stock for cash at $9 per share. 1 Aug Issued 9,700 shares of common stock to attorneys in payment of their bill of $49,100 for services rendered in helping the company organize. Sept. Issued 9,700 shares of common stock for cash at $11 per share. Nov. Issued 1,060 shares of preferred stock for cash at $107 per share. 1 Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit