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Mar. 2 Issued 5,600 shares of $5 par value common stock to attorneys in payment of a bill for $33,600 for services performed in

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Mar. 2 Issued 5,600 shares of $5 par value common stock to attorneys in payment of a bill for $33,600 for services performed in helping the company to incorporate. June 12 Issued 61,500 shares of $5 par value common stock for cash of $384,375. July 11 Nov. 28 Issued 1,500 shares of $100 par value preferred stock for cash at $107 per share. Purchased 1,800 shares of treasury stock for $72,000. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Mar. 2 Debit Credit June 12 July 11 > Common Stock Cash Common Stock Paid-in Capital in Excess of Par Value-Common Stock Cash Nov. 28 Common Stock Paid-in Capital in Excess of Par Value-Preferred Stock Treasury Stock

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