Journalize share transactions, P11-1A Go Limited was organized on January 1, 2017. It is authorized to issue 10.000 post, and prepare share 8%, HK$1,000 par value preference shares, and 500,000 no par ordinary shares with a capital section stated value of HK$20 per share. The following share transactions were completed during (LO 2,4,7) the first year Jan. 10 Issued 100,000 ordinary shares for cash at HK$48 per share. Mar. 1 Issued 5,000 preference shares for cash at HK$1,050 per share. Issued 18,000 ordinary shares for land. The asking price of the land was HK$980,000. The fair value of the land was HK$920,000. May 1 Issued 80,000 ordinary shares for cash at HK$45 per share, Issued 10,000 ordinary shares to attomeys in payment of their bill of HK$320,000 for services provided in helping the company organize. Sept. 1 Issued 10,000 ordinary shares for cash at HK$50 per share. Nov. 1 Issued 1,000 preference shares for cash at HK$1,060 per share. Apr 1 Aug. 1