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Entries for Issuing Stock On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $1. On February 14, Zentric Corporation

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Entries for Issuing Stock On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $1. On February 14, Zentric Corporation issued at par value 44,000 shares of preferred 2% stock, $55 par for cash. On August 30, Zentric Corporation issued for cash 9,000 shares of preferred 2% stock, 555 par at $60. 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. Ian 2 Preferred Stock x Feb. 14 Aug. 30 - Common Stock x Feedback and how it comes to Check My Work Recall that a separate account is used for recording the amount of each class of stocksund to investors in a corporation Recall the definition of legal how the sale of stock is recorded

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