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Exercise 13-05 Concord Co. had the following transactions during the current period. par value common stock to attorneys in payment of a June 12 Issued
Exercise 13-05 Concord Co. had the following transactions during the current period. par value common stock to attorneys in payment of a June 12 Issued 64,900 shares of $5 par value common stock for cash of $409,200. July 11 Issued 1,175 shares of $120 par value preferred stock for cash at $130 per share Nov. 28 Purchased 3,000 shares of treasury stock for $82,500. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Organization Expense Common Stock Paid-in Capital in Excess of Par-Common Stoc Credit Miar. une 12 luly l Nov. 28
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