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On January 22, Ireland Corporation issued for cash 22,000 shares of no-par common stock at $25. On February 14, Ireland iss preferred 6% stock,
On January 22, Ireland Corporation issued for cash 22,000 shares of no-par common stock at $25. On February 14, Ireland iss preferred 6% stock, $60 par for cash. On August 30, Ireland issued for cash 19,000 shares of preferred 6% stock, $60 par at Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require a Jan. 22 Cash Common Stock Feb. 14 Cash Preferred Stock 0 0 0 0 Aug. 30 Cash Preferred Stock 0 0 Paid-In Capital in Excess of Par-Preferred Stock 0
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