Entries for issuing stock

On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $12. On February 14, Zentric issued at par value 50,000 shares of preferred 2% stock, $50 par for cash. On August 30, Zentric issued for cash 20,000 shares of preferred 2% stock, $50 par at $54.

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	Accounts ReceivableCashCommon StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
	Accounts ReceivableCashCommon StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
Feb. 14	Accounts ReceivableCashCommon StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
	Accounts ReceivableCashCommon StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
Aug. 30	Accounts ReceivableCashCommon StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
	CashCommon StockPaid-in Capital in Excess of Par-Common StockPaid-In Capital in Excess of Stated ValuePreferred Stock	- Select -	- Select -
	Accounts PayableCashCommon StockPaid-In Capital in Excess of Par-Preferred StockPaid-In Capital in Excess of Stated Value	- Select -	- Select -