Jan. 22 Entries for issuing stock On January 22, Limerick Corporation issued for cash 32,000 shares of no-par common stock at $40. On February 14, Limerick issued at par value 8,000 shares of preferred 5% stock, $75 par for cash. On August 30, Limerick issued for cash 17,000 shares of preferred 5% stock, $75 par at $79. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank. Date Account Debit Credit Feb. 14 Aug. 30 4