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Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $26 per share. Record the issuance of the preferred
Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $26 per share. Record the issuance of the preferred shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) W S View transaction list Journal entry worksheet Record the issuance of preferred stock. 1 Note: Enter debits before credits. Transaction 1 X #3 Cash Record entry E D C 4 General Journal Clear entry R F 25 % V T 8 J 1 M ( 9 K ) 0 0 P L | >
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