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( a ) Current Attempt in Progress Cullumber Corp had 2 , 5 0 0 preferred shares issued with a balance of $ 5 5

(a) Current Attempt in Progress
Cullumber Corp had 2,500 preferred shares issued with a balance of $55,000 and 153,000 common shares issued with a balance of
$765,000 at the beginning of the year. The following share transactions occurred during the year:
June 12 Issued 52,900 common shares for $6 per share.
July 11 Issued 900 preferred shares for $25 per share.
Oct. 1 Issued 10,600 common shares for $7 per share.
Nov. 15 Issued 24,300 preferred shares for $28 per share. (a)
Record the above transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem.
Credit account titles are automatically indented when the 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
Debit
Credit
Record the above transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem.
Credit account titles are automatically indented when the 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
Debit
Credit
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