Entries for issuing stock On August $30,$ Erin issued for cash $30,000$ shares of preferred $8\%$ stock, $$50$ par at $$55.$

Journalize the entries to record the January $22,$ February $14,$ and August $30$ transactions. If an amount box does not require an entry, leave it blank.

Feb. $14$

Aug. $30$

Paid$-$In Capital in Excess of Par$-$Preferred Stock $$

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