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Carla Vista Co had these transactions during the current period. June 12 July 11 Nov. 28 Issued 78,500 shares of $1 par value common stock

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Carla Vista Co had these transactions during the current period. June 12 July 11 Nov. 28 Issued 78,500 shares of $1 par value common stock for cash of $294,375 Issued 3.250 shares of $101 par value preferred stock for cash at $109 per share. Purchased 1,750 shares of treasury stock for $9,700. Prepare the journal entries for the Carla Vista Co. transactions shown above (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 12 Cash 2,94,375.00 Common Stock 78,500.00 Pald-in Capital in Excess of Par Value-Common Stock 2.15 875.00 July 11 Cash 354,250.00 Preferred Stock 3.28.250.00 Paid-in Capital in Excess of Par Value-Common Stock 26,000.00 Nov. 28 Treasury Stock 9,700,00 Cash 9.700.00

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