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Issuing stock. Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 5 0

Issuing stock.
Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 50,000 shares of preferred 4% stock, $60 par and 600,000 shares of $15 par common stock. The following selected transactions were completed during the first year of operations:Journalize the transactions.If an amount box does not require an entry, leave it blank.
Apr. 9. Issued 18,000 shares of a common stock in exchange for land, buildings, and equipment, with fair market prices of $49,000, $268,000, and $61,000, respectively. PLEASEE HELP!!!!
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