Jan. 1 Jan. 15 Jan. 30 Paid the state $3,000 for incorporation fees. July 2 Sept. 5 Issued 500,000 shares of stock at $6 per share. Attorneys for the company accepted 500 shares of common stock as payment for legal services rendered in helping the company incorporate. The legal services are estimated to have a value of $8,000. Issued 100,000 shares of stock for land. The land had an asking price of $900,000. The stock is currently selling on a national exchange at $8 per share. Purchased 15,000 shares of common stock for the treasury at $11 per share. Dec. 6 Sold 11,000 shares of the treasury stock at $11 per share. Instructions: Journalize the transactions for Horner Corporation. Skip a line after each journal entry. Date Descriptions Ref Debit Credit