Star Incorporated is authorized to issue an unlimited number of no par value common shares. Record the journal entries for the following:

1. 1. Issued 1 000 shares at $9.75 per share.
   2. Issued 300 shares to the lawyer for a $2 800 legal bill.
   3. Issued 4 000 shares for land with a fair market value of $86 000.
   4. Executed a 2 for 1 common stock split.

Record the above transactions in the Journal of Star Incorporated. Write the account

numbers, explanation notes and also show the computation of the number of shares for

part (d).