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Needs to be made in a journal entry and I'm not sure the format The Jones Company completed the following stock issuance transactions: Record the

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Needs to be made in a journal entry and I'm not sure the format

The Jones Company completed the following stock issuance transactions: Record the transactions in good form May 19 Issued 2,000 shares of $3 par value common stock for cash of $9.00 per share June 3 Issued 500 shares of $7, no-par preferred stock for $25,000 Received equipment with a market value of $72,000 in exchange for 4,000 shares of the $3 par value June 11 common stock

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