Entries for Issuing Stock

On January 22, Shamrock Corporation issued for cash 30,000 shares of no-par common stock at $45. On February 14, Shamrock issued at par 10,000 shares of 5%, $75 par preferred stock for cash. On August 30, Shamrock Corporation issued for cash 12,000 shares of preferred 5% stock, $75 par at $83.

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