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need help journalize oblem 11-1A rasota Limited was organized on January 1, 2017. It is authorized to issue 12,900 8%, HK$1,003 par value preference shares,

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need help journalize

oblem 11-1A rasota Limited was organized on January 1, 2017. It is authorized to issue 12,900 8%, HK$1,003 par value preference shares, and 528,200 no-par ordinary shares with a stated ue of HK$27 per share. The following share transactions were completed during the first year. 1. 10 Issued 101,000 ordinary shares for cash at HK$68 per share. r. 1 Issued 5,900 preference shares for cash at HK$1,075 per share. r. 1 Issued 17,800 ordinary shares for land. The asking price of the land was HK$1,030,000. The fair value of the land was HK$873,000. y 1 Issued 82,800 ordinary shares for cash at HK$43 per share. g. 1 Issued 10,000 ordinary shares to attorneys in payment of their bill of HK$443,000 for services provided in helping the company organize. pt. 1 Issued 11,000 ordinary shares for cash at HK$50 per share. v. 1 Issued 2,860 preference shares for cash at HK$1,137 per share. urnalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) ate Account Titles and Explanation Debit Credit

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