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The following selected transactions pertain to Lawson Corporation. The board has authorized the issuance of up to 50,000 shares of common stock. Create general journal

The following selected transactions pertain to Lawson Corporation. The board has authorized the issuance of up to 50,000 shares of common stock. Create general journal entries for the following transactions. 2/1/19: Issued 40,000 shares of common stock @$8.00 per share with a par value of $5.00 per share. 7/21/19: Issued 2,000 shares of $5.00 par value common stock for attorneys' fees (litigation expense) of $15,000. 9/1/19: Purchased 2000 treasury shares at $9.00 a share. 12/14/19: Sold 1000 treasury shares at $10.00 a share 2/1/20 Sold 1000 treasury shares at $7.00 a share

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