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Oriole Company had these transactions during the current period. June 12 Issued 89,000 shares of $1 par value common stock for cash of $333,750. July
Oriole Company had these transactions during the current period.
June 12 | Issued 89,000 shares of $1 par value common stock for cash of $333,750. | |
July 11 | Issued 2,800 shares of $102 par value preferred stock for cash at $107 per share. | |
Nov. 28 | Purchased 1,250 shares of treasury stock for $9,750. |
Prepare the journal entries for the Oriole Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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