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Entries for Issuing Stock On January 22, Shamrock Corporation issued for cash 33,000 shares of no-par common stock at $15. On February 14, Shamrock issued
Entries for Issuing Stock On January 22, Shamrock Corporation issued for cash 33,000 shares of no-par common stock at $15. On February 14, Shamrock issued at par value 10,000 shares of preferred 7% stock, $80 par for cash. On August 30, Shamrock issued for cash 14,000 shares of preferred 7% stock, $80 par at $88.
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 | |||
Feb.14 | |||
Aug.30 | |||
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