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the following transactions Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in

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the following transactions Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in helping the company to incorporate. Issued 60,000 shares of $5 par value common stock for cash of $375,000. Issued 1,000 shares of $100 par value preferred stock for cash at $110 per share. Purchased 2,000 shares of treasury stock for $80,000 #3Quay Co. had during the current period. Mar. 2 June July 12 11 28 Instructions Nov. Journalize the transactions

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