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On January 22, Shamrock Corporation issued for cash 30,000 shares of no-par common stock at $45. On February 14, Shamrock issued at par value 7,000

On January 22, Shamrock Corporation issued for cash 30,000 shares of no-par common stock at $45. On February 14, Shamrock issued at par value 7,000 shares of preferred 4% stock, $75 par for cash. On August 30, Shamrock issued for cash 25,000 shares of preferred 4% stock, $75 par at $82.

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.

image text in transcribed 25,000 shares of preferred 4% stock, $75 par at $82. 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 Cash Common Stock Feb. 14 Cash > Preferred Stock Aug. 30 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock

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