ssignment FULL SCREEN PRINTER VERSION BACK NEXT Problem 13-1A Delong Corporation was organized on January 1, 2017. It is authorised to issue 15,000 shares of 8%, $100 par value preferred stock, and 549,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 75,500 shares of common stock for cash at $6 per share. Mar. 1 Issued 5,950 shares of preferred stock for cash at $110 per share Apr. 1 Issued 24,500 shares of common stock for land. The asking price of the land was 93.000. The fair value of the land was $80,000 May 1 Issued 50,000 shares of common stock for cash at $4.25 per share. Aug 1 Issued 10,000 shares of common stock to attorneys in payment of the bilo $45,000 for services performed in helping the company organize Sept. 1 Issued 10,500 shares of common stock for cash at $7 per share. Nov. 1 Issued 2,500 shares of preferred stock for cash at $114 per share Journalize the transactions. ( not indent manually.) cand journal entries in the order sented in the problem. Credit account witles are automatically indented when amount is entered, Da Date Account Titles and Explanation Debit Credit Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Account Tities and Explanation Debat LINK TO TEXT LINK TO TEXT