PLUS https://edgenwieyplus.c Return to Blackboard Accounting, 6e BACK Problem 11-1A Avayel Corp was orgenized on eary 1, 2017. It it authoriged to issue 20,200 shares of o%, 550 par value greterred steck and 472,00shares of no par comman following stock transactions were completed during the first year Jan. 10 1ssued 65,400 shares of common stock for cash at 56 per share Mar. 1 Issued 1,165 shares of preferred stock for cash at $57 per share May 1 Issued 121,000 shares of common stock for cash at $6 per share. Sept. 1 ssued 6,200 shares of common stock for cash at $7 per share. Nov. sued 4,200 shares of preferred stock for cash at $56 per share ournalize the transactions. (Record journal entries in the in the entry is required, select "No Entry" for the account titles and enter o for the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. I no Date Account Titles and Explanation