Tamarisk, Inc. began operations on April 1 by issuing 51,000 shares of $4 par value common stock for cash at $20 per share. On April 19. it issued 2,000 shares of common stock to attorneys in settlement of their bill of $26,300 for organization costs. In addition, Tamarisk issued 900 shares of $2 par value preferred stock for S6 cash per share. Journalize the issuance of the common and preferred shares, assuming the shares are not publicly traded Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit 4 . (To record issuance of common stock for attorney's fees) ** (To record issuance of Preferred stock for cash) Larkspur, Inc. purchased 4,800 shares of its $12 par value common stock for $321,600 on August 1. It will hold these shares in the treasury until resold. On December 1, the corporation sold 2880 shares of treasury stock for cash at $74 per share. Journalize the treasury stock transactions. (Recordjoumal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit **