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Marigold Corp. had the following transactions during the current period. Mar. 2 Issued 4,700 shares of $5 par value common stock to attorneys in payment
Marigold Corp. had the following transactions during the current period.
Mar. | 2 | Issued 4,700 shares of $5 par value common stock to attorneys in payment of a bill for $28,400 for services performed in helping the company to incorporate. | |
June | 12 | Issued 61,300 shares of $5 par value common stock for cash of $391,100. | |
July | 11 | Issued 1,825 shares of $120 par value preferred stock for cash at $140 per share. | |
Nov. | 28 | Purchased 2,750 shares of treasury stock for $77,000. |
Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date | Account Titles and Explanation | Debit | Credit |
Mar. 2June 12July 11Nov. 28 | |||
Mar. 2June 12July 11Nov. 28 | |||
Mar. 2June 12July 11Nov. 28 | |||
Mar. 2June 12July 11Nov. 28 | |||
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