Journalize the entries to record the following transactions for Zentric Corporation. Refer to the Chart of Accounts for exact wording of account titles.

Jan.	22	Issued for cash 180,000 shares of no-par common stock at $4.
Feb.	14	Issued at par value 44,000 shares of preferred 2% stock, $55 par for cash.
Aug.	30	Issued for cash 9,000 shares of preferred 2% stock, $55 par at $60.