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Marigold Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $5 par value common stock to attorneys in payment
Marigold Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $5 par value common stock to attorneys in payment of a bill for $24,700 for services performed in helping the company to incorporate. June 12 Issued 62,800 shares of $5 par value common stock for cash of $387,400. July 11 Issued 1,975 shares of $100 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 1,560 shares of treasury stock for $76,500. Journalize the transactions. (List oll debit entries before credit entries. Record joumal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.] Marigold Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $5 par value common stock to attorneys in payment of a bill for $24,700 for services performed in helping the company to incorporate. June 12 Issued 62,800 shares of $5 par value common stock for cash of $387,400. July 11 Issued 1,975 shares of $100 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 1,560 shares of treasury stock for $76,500. Journalize the transactions. (List oll debit entries before credit entries. Record joumal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.]
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