Journalize the transactions

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Question - Hao Corporation had the following transactions during the current period.

Mar. 2 Issued 30,000 common shares to its legal counsel in payment of a bill for $30,000 for services performed in helping the company incorporate.

June 12 Issued 40,000 common shares for $350,000 cash.

July 11 Issued 1,400, $3 noncumulative preferred shares at $110 per share cash.

Nov. 28 Issued 2,800, $3 noncumulative preferred shares at $99 per share cash.

Journalize the transactions.

Reference no: EM132503949

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