Issuing Stock Ergonomics Supply Inc., a wholesaler of office products, was organized on July 1 of the current year, with an authoritation of 10,000 shares of prdered to 170 W., of $11 par common stock. The following selected transactions were completed during the first year of operations: Journalise the transactions. July 1, Issued 260,000 shares of common stock at par for cash. If an amount box does not require an entry, tave it bank July 1 Cash & Common Stock July 1. led 2,000 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation, an amount box does not require that July 1. Organizational Expenses Common Stock Aug. 7. Issued 60,000 shares of common stock in exchange for tand, buildings and equiment with fair market price of $20,000, 1951,000, and 100,000, repelt sont to does not require an entry, leave it bank Aug 7. Lind Buildings