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Entries for Issuing Stock On January 22, Ireland Corporation issued for cash 23,000 shares of no-par common stock at $15. On February 14, Ireland issued

Entries for Issuing Stock

On January 22, Ireland Corporation issued for cash 23,000 shares of no-par common stock at $15. On February 14, Ireland issued at par value 8,000 shares of preferred 4% stock, $60 par for cash. On August 30, Ireland issued for cash 17,000 shares of preferred 4% stock, $60 par at $64.

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

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Feb. 14

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Aug. 30

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