Journalize the entries to record the following transactions for Mountain Realty Inc. Refer to the Chart of Accounts for exact wording of account titles. Aug. 26 Issued for cash 120,000 shares of no-par common stock (with a stated value of $5) at $8. Oct. 1 Issued at par value 40,000 shares of preferred 1% stock, $10 par for cash. Nov. 30 Issued for cash 18,000 shares of preferred 1% stock, $10 par at $13.