Pips Pups incorporated on Jan 1, 2019. It is authorized to issue 10,000 shares of 6% $100 par PREFFERRED STOCK and 500,000 shares of $1 par value COMMON STOCK. The following STOCK Transactions were completed during the 1^st year of operations:

Jan 10: Issued 75,000 shares of Common Stock for cash $8 per share

Mar 1: Issued 5,000 shares of Preferred Stock for $100 per share Cash Apr. 1: Issued 24,000 shares of Common Stock for LAND. The sales price of the land was $100,000 and the fair Market Value was $120,000 May 1: Issued 100,000 shares of Common Stock for Cash at $9 per share Aug 1: Issued 12,000 shares of Common Stock to attorneys in payment of their bill of $60,000 for services rendered in helping to organize the company

Required: Record the above entries in the JOURNAL