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Burke Corporation was organized on January 1, 2014. It is authorized to issue 13,000 shares of 8%, $101 par value preferred stock, and 482, 600
Burke Corporation was organized on January 1, 2014. It is authorized to issue 13,000 shares of 8%, $101 par value preferred stock, and 482, 600 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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