stor inprogress-fabe Selected Stock Transactions Alpha Sounds Corp. an electric guitar retailer, was organized by Michele Kirby Paul Green, and Gretchen Northw. The charter stond par of $1. The following transactions affecting stockholders' equity were completed during the first year of operatione Journalize the entries to record the transactions, a. Issued 100,000 shares of stock at par to Paul Glenn for cash. If an amount box does not require an entry, leave it blank b. (1) issued 3,000 shares of stock at par to Michele Kirby for promotional services provided in concection with the other stock at par to Michele Kirby for cash. If an amount box does not require an entry leave blank (1) (2) C. Purchased land and a building from Gretchen Northway in exchange for stocked war. The house interest of $5,200 on the mortgage note at the time of the purchase. It is agreed that the land is to lead at 30.000 equity will be exchanged for stock at par, The corporation agreed to assume responsibility for preg het an entry, leave it blank