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General Journal Instructions On January 22, Zentric Corporation issued for cash 263,000 shares of no-par common stock at $25. On February 14, Zentric issued
General Journal Instructions On January 22, Zentric Corporation issued for cash 263,000 shares of no-par common stock at $25. On February 14, Zentric issued at par value 5,000 shares of preferred 7% stock, $60 par for cash. On August 30, Zentric issued for cash 29,000 shares of preferred 7% stock, $60 par at $109. Journalize the entries to record the January 22, February 14, and August 30 transactions.
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