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Question 3 of 12 -75 E View Policies Current Attempt in Progress Hinges Corporation issued 500 shares of $100 par value preferred stock for $61.500. Prepare Hinges's journal entry. (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 o for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Suve for Later Attempts: unlimited Submit Answer Question 4 of 12 -75E View Policies Current Attempt in Progress Sprinkle Inc. has outstanding 10,000 shares of $10 par value common stock. On July 1, 2020, Sprinkle reacquired 100 shares at $87 per share. On September 1, Sprinkle reissued 60 shares at $90 per share On November 1, Sprinkle reissued 40 shares at $BS per share. Prepare Sprinkle's journal entries to record these transactions using the cost method. (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 tities and enter for the amounts.) Date Account Titles and Explanation Debit Credit 2 11/1/20 e Textbook and Media