Professional Products Inc., a wholesaler of office products, wasorganized on February 5 of the current year, with an authorizationof 50,000 shares of preferred 4% stock, $55 par and 300,000 shareso Journalize the transactions. If an amount box does not require an entry, leave it blank. Feb. 5. Issued 110,000 shares of common stock at par for cash. Feb. 5 . Feestback vcheck My Werk What is the co 2 answers