Journalize the entries to record the follow transactions for Mountain Realty Inc. Refer to the chart of accounts for exact wording of account titles

Aug. 26 Issued for cash 111,000 shares of no-par common stock (with stated value of $5) at $8.

Oct.1 Issued at par value 35,000 shares of preferred, 1% stock, $10 par for cash.

Nov. 30 Issued for cash 20,000 shares of preferred 1% stock, $10 par at $11.