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On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $12. On February 14, Zentric issued at par value 50,000

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On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $12. On February 14, Zentric issued at par value 50,000 shares of preferred 2% stock, $50 par for cash. On August 30 , Zentric issued for cash 20,000 shares of preferred 2% stock, $50 par at $54. 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. Festsack T Chessury wos Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corparation. Recall the definition of legai capital and what affect that has on recording the sale of stocki 1 more Check. My Wonk uses remaning

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