record all the above journal transactions.

ABC Ltd. was incorporated on January 1, 2022. During the year the company entered into the following transactions: Jan 5 Issued 56,000 common shares for $2.50 per share. Jan 20 Issued 2,500 common shares to settle legal expenses. The value of the legal expenses was $12,685. Feb 10 Issued 14,000 preferred shares for $50.00 per share. Aug 12 Repurchased 17,000 common shares for $2.40 per share. Oct 1 Issued 5,800 common shares for $2.25 per share. Dec 31 Repurchased 32,000 common shares for $2.70 per share