Entries for Issuing Stock

On January 22, Shamrock Corporation issued for cash 17,000 shares of no-par common stock at $15. On February 14, Shamrock issued at par 2,000 shares of 5%, $75 par preferred stock for cash. On August 30, Shamrock Corporation issued for cash 16,000 shares of preferred 5% stock, $75 par at $81.

Journalize the entries to record the January 22, February 14, and August 30 transactions.

For a compound transaction, if an amount box does not require an entry, leave it blank.

Jan. 22

Feb. 14

Aug. 30