Mia Corporation is authorized to issue 1,000,000 shares of $15 par value common stock. During 2021, its first year of operation, the company has the following stock transactions. Jan. 1 Issue 2,000 common stock to acquire equiment asking price is $40,000 and the shares fair markey value is $19.50. Jan. 15 Issued 300,000 shares of stock at $15 per share. Jan. 30 Attorneys for the company accepted 2,000 shares of common stock as payment for legal services rendered in helping the company incorporate. The legal services are estimated to have a value of $40,000. July 2 Issued 100,000 shares of stock for land. The land had a fair market value of $900,000.

Instructions Journalize the transactions for Mia Corporation.