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Noble Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. July
Noble Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. July 11 Issued 3,000 shares of $100 par value preferred stock for cash at $104 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $11,000. Prepare the journal entries for the transactions. (List multiple debit/credit entries from largest to smallest amount, e.g. 10, 5, 2.) Date Account/Description Debit Credit June 12 July 11 Nov. 28
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