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Monty Corporation, a private corporation, was organized on February 1,2023 . It is authorized to issue ( 82,800, $ 6 ) noncumulative preferred shares, and

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Monty Corporation, a private corporation, was organized on February 1,2023 . It is authorized to issue \\( 82,800, \\$ 6 \\) noncumulative preferred shares, and an unlimited number of common shares. The following transactions were completed during the first year: Feb. 10 Issued 66,240 common shares at \\( \\$ 4 \\) per share. Mar. 1 Issued 4,140 preferred shares at \\( \\$ 114 \\) per share. Apr. 1 Issued 18,630 common shares for land. The land's asking price was \\( \\$ 82,800 \\) and its ap June 20 Issued 64,584 common shares at \\( \\$ 4.50 \\) per share. July 7 Issued 8,280 common shares to lawyers to pay for their bill of \\( \\$ 37,260 \\) for services they performed in helping the com Sept. 1 Issued 8,280 common shares at \\( \\$ 5 \\) per share. Nov. 1 Issued 828 preferred shares at \\( \\$ 120 \\) per share. Journalize the transactions. (Credit account titles are'automatically indented when the 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. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)

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