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.

$($c$)$ 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: For each account category, indicate the appropriate account name. Enter $"$N$/$A$"$ 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.