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transactions were completed during the first year of operations: Journalize the transactions. July 1. Issued 95,000 shares of common stock at par for cash. If

image text in transcribed transactions were completed during the first year of operations: Journalize the transactions. July 1. Issued 95,000 shares of common stock at par for cash. If an amount box does not require an entry, leave it blank. July 1 July 1 Issued 550 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. If an amount box does not require an entry, leave it blank. July 1 Au Sept. 20. Issued 28,000 shares of preferred stock at $89 for cash. If an amount box does not require an entry, leave it blank. Sep

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