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Carla Vista Co. had these transactions during the current period. June 12 Issued 60,000 shares of $3 stated value common stock for cash of $300,000.

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Carla Vista Co. had these transactions during the current period. June 12 Issued 60,000 shares of $3 stated value common stock for cash of $300,000. Joly. 11 Issued 2,400 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 2,400 shares of treasury stock for $12,000. Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the omount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Ust all debit entries before credit entries)

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