Jan. $1$ Paid the state $$3,000$ for incorporation fees.

Jan. $15$ Issued $500,000$ shares of stock at $$6$ per share.

Jan. $30$

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.$

July $2$ 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.

Sept. $5$ 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.