Clean Today, Inc., was organized on October 1 of this year, with a charter providing for authorized capital as follows:
a. 8,000 shares of preferred 7 percent stock, $ 50 par value
b. 100,000 shares of no- par- value common stock, $ 10 stated value
During the first year of operations, Clean Today, Inc., completed the following transactions:
Oct. 1 Received subscriptions to 12,200 shares of common stock at $ 12 per share, collecting 30 percent of the subscription price.
3 Bought equipment from Carter, one of the promoters, for $ 65,000. In return for the equipment, Carter accepted 5,000 shares of common stock.
12 Subscribers to 12,200 shares of common stock paid an additional 30 percent of the subscription price.
Oct. 14 Issued 500 shares of common stock to Carter at $ 10.75 per share in return for promotional services valued at $ 5,375.
25 Paid an attorney $ 4,865 for reimbursement of state fees and for services needed for incorporating the firm.
29 Subscribers to 12,200 shares of common stock paid the remaining 40 percent of the subscription price; Clean Today, Inc., then issued the stock.
Nov. 4 Received subscriptions to 8,000 shares of common stock at $ 16 per share, collecting 55 percent of the subscription price.
30 Subscribers to 8,000 shares of common stock paid the remaining 45 percent of the subscription price; Clean Today, Inc., then issued the stock.

Required
Record the transactions in general journal form.