Crane Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,800 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 3,450 shares of treasury stock for $8,250. Prepare a tabular summary to record the Crane Co. transactions. Include margin explanations for the changes in revenues and expenses. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses. - Increases in Discount on Bonds Payable require a negative sign or parentheses. - Increases in Treasury Stock require a negative sign or parentheses. Crane Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,800 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 3,450 shares of treasury stock for $8,250. Prepare a tabular summary to record the Crane Co. transactions. Include margin explanations for the changes in revenues and expenses. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses. - Increases in Discount on Bonds Payable require a negative sign or parentheses. - Increases in Treasury Stock require a negative sign or parentheses. Crane Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,800 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 3,450 shares of treasury stock for $8,250. Prepare a tabular summary to record the Crane Co. transactions. Include margin explanations for the changes in revenues and expenses. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses. - Increases in Discount on Bonds Payable require a negative sign or parentheses. - Increases in Treasury Stock require a negative sign or parentheses. Crane Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,800 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 3,450 shares of treasury stock for $8,250. Prepare a tabular summary to record the Crane Co. transactions. Include margin explanations for the changes in revenues and expenses. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses. - Increases in Discount on Bonds Payable require a negative sign or parentheses. - Increases in Treasury Stock require a negative sign or parentheses