Question: please follow this format so it can be easy for me to follow. thankyou so much in advance. ring Company is authorized to issue 500,000

ring Company is authorized to issue 500,000 shares of $2 par value common stock. In its first year, the company has the following transaction: A: Mar. 1 Issued 40,000 shares of stock at $9.75 per share B: Apr. 10 Issued 1,000 shares of stock for legal services valued at $10,000. Purchased 1,000 shares of treasury stock at $9 per share Show Spring Company's Authorized, issued and outstanding number of shares and dollars as of August 3 Journalize the transactions in Part A-C Excess over par value per share Consideration credited to Common Stock (Total \$) Consideration credited to paid in capital in excess of par (Total \$) Part C Number of Treasury shares purchased Purchase price per share Total purchase price of the shares Part Number of shares Common Stock Authorized Shares From Part A Issued Shares From Part A Less: Treasury Stock From Part C Outstanding Shares Part E Date Account Title Debit Credit Jan. 31 From Part A \begin{tabular}{|l|l|} \hline & To record the share issue \\ \hline \end{tabular} Jun. 10 From Part B Aug. 3 From Part C To record the treasury stock purchase
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