On April 1, 12,000 shares of $6 par common stock were issued at $24, and on April 7, 4,000 shares of $60 par preferred stock were issued at $106.

Required:

Journalize the entries for April 1 and 7. Refer to the Chart of Accounts for exact wording of account titles.

General Journal Journalize the entries for April 1 and 7. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT 1 3 4 5