Question 11 of 12 Current Attempt in Progress Jan. 10 Ayayai Corp. was organized on January 1, 2025. It is authorized to issue 19,000 shares of 5%, $50 par value preferred stock and 450,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year. Issued 65,000 shares of common stock for cash at $4 per share. Issued 11,000 shares of preferred stock for cash at $54 per share. Issued 110,000 shares of common stock for cash at $6 per share. Issued 4,000 shares of common stock for cash at $5 per share. 1 Issued 2,000 shares of preferred stock for cash at $57 per share. Mar. 1 May Sept. 1 Nov. > 1 -/30 ||| 200

Ayayai Corp. was organized on January 1,2025. It is authorized to issue 19,000 shares of 5%,$50 par value preferred stock and 450,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first vear: Jan. 10 Issued 65,000 shares of common stock for cash at $4 per share. Mar. 1 Issued 11,000 shares of preferred stock for cash at $54 per share. May 1 Issued 110,000 shares of common stock for cash at $6 per share. Sept. 1 Issued 4,000 shares of common stock for cash at $5 per share. Nov 1 issund 2.000 shares of preferred stock for eash at $5 F per share. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit occount titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter 0 for the amounts. List all debit entries before credit entries) Question 11 of 12 130 eTextbook and Media List of Accounts Sivptor Later Attempts: O of 3 used Somin Anener (b)