Question 4 121 Current Attempt in Progress Marigold Corporation was organized on January 1, 2022. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock and 497,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 79,500 shares of common stock for cash at $6 per share. Muy Che MC Question 5 311 Mar 1 Issued 5.200 shares of preferred stock for cash at $110 per share. Apr. 1 Issued 24,000 shares of common stock for land. The asking price of the land was $94,500. The fair value of the land was $83,500. May 1 Issued 79,500 shares of common stock for cash at $4.50 per share. Aug 1 Issued 10,000 shares of common stock to attorneys in payment of their bill of $42.500 for services performed in helping the company organize. Question MC Question 7 Mule Choe Question Magis Os Question 9 Matge Da Sept 1 Issued 10,000 shares of common stock for cash at $7 per share. Nov. 1 Issued 1.000 shares of preferred stock for cash at $109 per share. (a) Journalize the transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem Credit matically indented when amount is entered. Do not indent manually) Credit Question 10 Mata Cho 157 1/1 111 Viewing Question 11 -140 Question 12 416 Question 13