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Cullumber Company had these transactions during the current period. June-12 Issued 82,000 shares of $1 par value common stock for cash of $307,$00. July 11
Cullumber Company had these transactions during the current period. June-12 Issued 82,000 shares of $1 par value common stock for cash of $307,$00. July 11 Issued 2.500 shares of $100 par value preferred stock for cash at $105 per thare, Nov 28 Purchased 1.850 shares of treasury stock for $7.400. Prepare the journal entries for the Cullumber Company transactions, SRecord journal entries in the order presented in the problem Credit occount tilles are outomatically indented when amount is entered. Do not indent manually. List all debit entries before credit entriex. If no entry is required, select "No Entry" for the account tities end enter ofor the amounts)
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