Vaughn Company issued 2500 shares of its $5 par value common stock in payment of its...

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Vaughn Company issued 2500 shares of its $5 par value common stock in payment of its attorney's bill of $29800. The bill was for services performed in helping the company incorporate. Vaughn should record this transaction by debiting O Legal Expense for $12500. O Legal Expense for $29800. O Organization Expense for $12500. O Organization Expense for $29800. Vaughn Company issued 2500 shares of its $5 par value common stock in payment of its attorney's bill of $29800. The bill was for services performed in helping the company incorporate. Vaughn should record this transaction by debiting O Legal Expense for $12500. O Legal Expense for $29800. O Organization Expense for $12500. O Organization Expense for $29800.