isuing 5 tock Professional Products inc, a wholesaler of office products, was organized en February 5 of the current vear, with an authorization of 50,000 shures of oreferred 2% stock, 160 par and 1,000,000 shares of $B par cammen stock. The folowing selected transactions were cempleted during the finst year of operationst Jourrislae the transactions. It an ambunt bex does not require an entry, leave in blank Feb. 5. Issued 700,000 shares of cemmon stock at par for cash. Feb. 5 nei Junn 14. Inutd 25,000 shares of preterret steck at se2 for cash. June is Feb. 3. Iswued 700,000 sheres of common sook at par for cash. Febis Feb. 5. Issued 1,200 shares of commos stock par to an attomey in payment of legal fees f Apr. 9. Issued 40,000 whares of common stock in exchaoge far land, bulldings, and equipment w respectively. June 14. lssued 25,000 shanes of grefornd ataor at 982 for cauh