Entries for issuing stock Obj. 2 On January 22, Zentric Corporation issued for cash 160,000 shares of no-par common stock at

$8. On February 14, Zentric issued at par value 45,000 shares of preferred 2% stock, $50 par for cash. On August 30, Zentric issued for cash 10,000 shares of preferred 2% stock, $50 par at $56.

Journalize the entries to record the January 22, February 14, and August 30 transactions.

AppendixLO1