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Business, 23.08.2021 15:40 semily74

Ayayai Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $4 par value common stock to attorneys in payment of a bill for $20,000 for services performed in helping the company to incorporate.
June 12 Issued 55,000 shares of $4 par value common stock for cash of $285,000.
July 11 Issued 1,000 shares of $100 par value preferred stock for cash at $130 per share.
Nov. 28 Purchased 1,500 shares of treasury stock for $75,000

Required:
Journalize the transactions.

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Ayayai Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of...

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