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On January 22, Muir Corporation issued for cash 29,000 shares of no-par common stock at $15. On February 14, Muir issued at par value 5,000
On January 22, Muir Corporation issued for cash 29,000 shares of no-par common stock at $15. On February 14, Muir issued at par value 5,000 shares of preferred 5% stock, $100 par for cash. On August 30, Muir issued for cash 26,000 shares of preferred 5% stock, $100 par at $114. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank.
Jan. 22
Feb. 14
Aug. 30
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