Overton $Co.$ had the following transactions during the current period.

Mar. $2$ Issued $5,000$ shares of $$1$ par value ordinary shares to attorneys in payment of a bill for $$30,000$ for services performed in helping the company to incorporate.

June $12$ Issued $60,000$ shares of $$1$ par value ordinary shares for cash of $$375,000.$

July $11$ Issued $1,000$ shares of $$100$ par value preference shares for cash at $$110$ per share.

Nov. $28$ Purchased $2,000$ treasury shares for $$80,000.$

Journalize the above transactions. $($Record journal entries in the order presented in the problem. 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 $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

Organisation Expense