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Blossom Co. had these transactions during the current period. Issued 52,000 shares of $3 stated value common stock for cash of $260,000. Issued 2,080 shares

Blossom Co. had these transactions during the current period. Issued 52,000 shares of $3 stated value common stock for cash of $260,000. Issued 2,080 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 2,080 shares of treasury stock for $10,400. July 11 June 12 Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit
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Blossom Co, had these transactions during the current period. June 12 Issued 52000 shares of \\( \\$ 3 \\) stated value common stock for cash of \\( \\$ 260,000 \\). July 11 Issued 2,080 shares of \\$100 par value preferred stock for cash at \\( \\$ 108 \\) per share. Nov. 28 Purchased 2,080 shares of treasury stock for \\( \\$ 10,400 \\). Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select \"No Entry\" for the account titles and enter Ofor the amounts List all debit entries before credit entries)

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