Multiple Choice Question 89 H. Tiliman performed legal services for J. Laney. Due $13900 by is share. Given this information, the journal entry for ). Laney. to record this transaction is to a cash shortage, an agreement was reached whereby J. Laney. would pay H. Tillman a legal fe of approximately shares of its common stock (par $1). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $5.00 per O Legal Expense O Legal Expense O Legal Expense 14000 Common Stock 14000 13900 Common Stock 13900 3900 Common Stock 2800 Paid-in Capital in Excess of Par - 11100 Common O Legal Expense 14000 Common Stock 2800 Paid-in Capital in Excess of Par 11200 Comman