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Entries for Issuing Stock On January 22, Shamrock Corporation issued for cash 29,000 shares of no-par common stock at $25. On February 14, Shamrock issued

Entries for Issuing Stock

On January 22, Shamrock Corporation issued for cash 29,000 shares of no-par common stock at $25. On February 14, Shamrock issued at par value 5,000 shares of preferred 5% stock, $50 par for cash. On August 30, Shamrock issued for cash 32,000 shares of preferred 5% stock, $50 par at $57.

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 fill in the blank 2 fill in the blank 3
Common Stock fill in the blank 5 fill in the blank 6
Feb. 14 Cash fill in the blank 8 fill in the blank 9
Preferred Stock fill in the blank 11 fill in the blank 12
Aug. 30 Cash fill in the blank 14 fill in the blank 15
Preferred Stock fill in the blank 17 fill in the blank 18
Paid-In Capital in Excess of Par-Preferred Stock fill in the blank 20 fill in the blank 21

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