Update App Some accoun available unt Chapter 12 - Corporations: Organization, Stock Transactions, and Dividends And Retained Earnings Assignment 1 Instructions: Journalize each item below 1. Lucy., Inc. issued 4000 shares of $2.00 par value common stock for $12.00 per share. Journalize Date Accounts Ref. Debit Credit 2. Kami, Inc. purchased land with a fair market value of $225,500 by issuing 60,000 shares of $3 par value common stock. Date Accounts Ref. Debit Credit a 3. Keaulie Co., Inc. purchased a building with a fair market value of $75,000 by issuing 30,000 shares of $2 par value common stock. Date Accounts Ref. Debit Credit