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Entries for Issuing Stock On January 22, Erin Corporation issued for cash 29,000 shares of no-par common stock at $35. On February 14, Erin issued
Entries for Issuing Stock On January 22, Erin Corporation issued for cash 29,000 shares of no-par common stock at $35. On February 14, Erin issued at par value 10,000 shares of preferred 6% stock, $75 par for cash. On August 30, Erin issued for cash 17,000 shares of preferred 6% stock, $75 par at $80. 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. Jan. 22 Feb. 14 - II II Aug. 30
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