On February 13, Epperson Company issued for cash 75,000 shares of no-par common stock (with a stated value of $125) at $140. On September 9, Epperson issued at par 15,000 shares of 1%, $60 par preferred stock at par for cash. On November 23, Epperson issued for cash 8,000 shares of 1%, $60 par preferred stock at $70.

Required:

Journalize the entries to record the February 13, September 9, and November 23 transactions. If an amount box does not require an entry, leave it blank.

Feb. 13	Cash
	Common Stock
	Paid-In Capital in Excess of Stated Value
Sept. 9	Cash
	Preferred Stock
Nov. 23	Cash
	Preferred Stock
	Paid-In Capital in Excess of Par