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Identifying and Analyzing Financial Statement Effects of Stock Transactions Melo Company reports the following transactions relating to its stock accounts in the current year. Use

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Identifying and Analyzing Financial Statement Effects of Stock Transactions Melo Company reports the following transactions relating to its stock accounts in the current year. Use the financial statement effects template to indicate the effects from each of these transactions (a) Mar. 2 Issued 15,000 shares of $1 par value common stock at $30 cash per share. b) Apr 14 issued 22,500 shares of $100 par value. 8% preferred stock at $250 cash per share. (June 30 Purchased 4.500 shares of its own common stock at $22 cash per share (d) Sep, 25 Sold 2.250 shares of its treasury stock at $26 cash per share Note: Por each account category, indicate the appropriate account name Emer"NIA" for any account category that is not used for a given transaction Note: Indicate a decrease in an account category by including a negative sign with the amount Balance Sheet Income Statement Cash Asset Contrib Capital Earned Capital Noncash Assets Liabilities Revenues Expenses Transaction (a) March 2 0 0 0 . Common Stock + 0 thirt 14 O 3 . Preferred Stock 0 . 0 cuno O 0 . 3 3 . . 0 0 0 O- 0 . 3 2 = Treasury to 0

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