B 1 \& Narapaph Aral Alexis Rose Enterprises, Inc. has 500,000 shares authorized, 200,000 shares issued, and 50,000 shares of treasury stock How many shares of stock are outstanding at Alexis Rose Enterprises, Inc?? Rosebud Motel, Inc. issued 30,000 shares of $5 par value preferred stock for $8 cash. What is the journal entry to record this transaction? Rose Apothecary, Inc. issued 50,000 shares of $5 par value preferred stock for $5 cash per share. What is the journal entry to record this transaction? Debit Cash 250,000 Credit Common Stock 250,000 Debit Cash 250,000. Credit Preferred Stock 250,000 Debit Preferred Stock 250,000 Credit Cash 250,000 Dobn Cash 250,000 CreditPreferredStockCreditPaid-incapitalinexcessofparvalue-P/S200,00050,000