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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 a tabular summary to record the Oriole Company transactions. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets = Liabilities + Stockholders' Equity Paid-in-Capital Retained Earnings Cash Common Stock PIC in Excess of Par Com. m esan Pref. Stock + PIC in Excess of Par Pref. Treasury Stock + Revenue - Expense - Dividend June 22 July 11 Nov. 28
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