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1 Exercise B-13 Sheridan Company had the transactions during the current period June 12 Insued 87,500 shares of $1 par value common Mock for cash

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1 Exercise B-13 Sheridan Company had the transactions during the current period June 12 Insued 87,500 shares of $1 par value common Mock for cash of $328,125. July 11 uued 3,200 shares of 105 par le preferred stock for cash at $10 per share Nov. 28 Purchased 2,050 shares of treasury stock for $8.900 Prepare a tabula summary to record the Sheridan Company transactions (a transaction camere decrease in Assets abilities ar stockholders' uity place a negative in cur parentheses) in front of the amount entered for the particular Asset Liability or Equity em that was reduced.) Liabilities Stockholders' Equity Pald-in-Capital Retained Earnings Cash Common PIC in Excess of PIC in Excess of + Pret, Stock Treasury Par Com. Stock Revenue Stock Expense Par Pref. Dividend June 22 $ ily July 11 Nov, 28 Click if you would like to show Work for this questioni on Show Wors SHOW LENT OF ACCOUNTS TO TERT Question Attempts: 0 of 3 used SAVE LATER BURBEITARSWER

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