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On January 22, Shamrock Corporation issued for cash 29,000 shares of no-par common stock at $15. On February 14, Shamrock issued at par value 1,000
On January 22, Shamrock Corporation issued for cash 29,000 shares of no-par common stock at $15. On February 14, Shamrock issued at par value 1,000 shares of preferred 7% stock, $50 par for cash. On August 30, Shamrock issued for cash 13,000 shares of preferred 7% stock, $50 par at $57.
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.
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