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Fagan Co. had these transactions during the current period. June 12 Issued 87,400 shares of $1 par value common stock for cash of $327,750. July

Fagan Co. had these transactions during the current period.

June 12 Issued 87,400 shares of $1 par value common stock for cash of $327,750.
July 11 Issued 4,240 shares of $100 par value preferred stock for cash at $104 per share.
Nov. 28 Purchased 2,210 shares of treasury stock for $8,550.

Prepare the journal entries for the Fagan Co. transactions shown above.

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