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3 of 5 < > View Policies -/4.8 E Current Attempt in Progress Swifty Corporation had the following transactions during the current period. Mar. 2
3 of 5 < > View Policies -/4.8 E Current Attempt in Progress Swifty Corporation had the following transactions during the current period. Mar. 2 Issued 4,500 shares of $5 par value common stock to attorneys in payment of a bill for $28,100 for services performed in helping the company to incorporate. June 12 Issued 55,200 shares of $5 par value common stock for cash of $346,500. July 11 Issued 2,975 shares of $100 par value preferred stock for cash at $130 per share. Nov. 28 Purchased 2,730 shares of treasury stock for $80,500. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Mar. 2 Organization Expense MacBook Debit Credit Question 3 of 5 < > -/4.8 Date Account Titles and Explanation Debit Credit Mar. 2 Organization Expense Common Stock Paid-in Capital in Excess of Par-Preferred Stock MacBook KapCC ACC 201 Final Exam Part 01 Exercises (Ch 11, 12, and Appendix H) Question 3 of 5 < > Paid-In Capital in Excess of Par-Preferred Stock eTextbook and Media - / 4.8 E
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