Question: - / 17 View Policies Current Attempt in Progress Riverbed Corporation, a private corporation, was organized on February 1, 2020. It is authorized to issue

a private corporation, was organized on February 1, 2020. It is authorized

to issue 100,000 $6 noncumulative preferred shares, and an unlimited number of

common shares. The following transactions were completed during the first year: Feb.

- / 17 View Policies Current Attempt in Progress Riverbed Corporation, a private corporation, was organized on February 1, 2020. It is authorized to issue 100,000 $6 noncumulative preferred shares, and an unlimited number of common shares. The following transactions were completed during the first year: Feb. 10 Mar. 1 Apr. 1 June 20 Issued 78,000 common shares at $4.50 per share. Issued 4,500 preferred shares at $120 per share. Issued 21.900 common shares for land. The land's asking price was $110.550 and its appraised value was $98,550. Issued 80,000 common shares at $5.50 per share. Issued 11,400 common shares to lawyers to pay for their bill of $62,700 for services they performed in helping the com Issued 11,600 common shares at $4.00 per share. Issued 1,000 preferred shares at $115 per share. July 7 Sept. 1 Nov. 1 (a) Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record issuance of shares.) (To record issuance of shares.) A > G 1 -7 17 III "To recordesuance of share (To record issuance of shares.) (To record issuance of shares.) (To record issuance of shares.) 5C O + >> Question 13 of 16

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