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Entries for Issuing Stock On January 22, Limerick Corporation issued for cash 25,000 shares of no-par common stock at $25. On February 14, Limerick issued

Entries for Issuing Stock

On January 22, Limerick Corporation issued for cash 25,000 shares of no-par common stock at $25. On February 14, Limerick issued at par value 2,000 shares of preferred 7% stock, $80 par for cash. On August 30, Limerick Corporation issued for cash 24,000 shares of preferred 7% stock, $80 par at $85.

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 fill in the blank 2 fill in the blank 3
fill in the blank 5 fill in the blank 6
Feb. 14 fill in the blank 8 fill in the blank 9
fill in the blank 11 fill in the blank 12
Aug. 30 fill in the blank 14 fill in the blank 15
fill in the blank 17 fill in the blank 18
fill in the blank 20 fill in the blank 21

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