en 37 Birch is a publicly traded company and issues 200 preferred shares for $12 per share. Which of the following is a part of the journal entry for this transaction? ed out of Select one O A Crediting preferred shares for $2,400 on Crediting cash for $2,400 Debiting preferred shares for $2,400 O D. Crediting preferred shares for $200 Debiting preferred shares for $200 acer