Entries for Issuing Stock On January 22, Muir Corporation issued for cash 24,000 shares of no-par common stock at $45. On February 14, Muir issued at par value 10,000 shares of preferred 8% stock, $60 par for cash. On August 30, Muir issued for cash 30,000 shares of preferred 8% stock, $60 par at $68. 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

Cash

Common Stock

Feb. 14

Cash

Preferred Stock

Aug. 30

Cash

Preferred Stock

Paid-In Capital in Excess of Par-Preferred Stock