Question 2 4 pts Our company is authorized to issue 10,000 shares of $50 par value preferred stock. On August 21 we issued 3,000 shares for $55 per share. What account(s) and amount(s) would we debit when we record the journal entry for this transaction? cash, $165,000 preferred stock. $150,000; and paid in capital in excess of par value, $15,000 preferred stock, $500,000; and paid in capital in excess of par value $50,000 cash, $1,200,000 Question 3 4 pts Our company is authorized to issue 100,000 shares of $0.50 par value common stock. On August 21 we issued 20,000 shares for $11 per share. What account(s) and amount(s) would we credit when we record the journal entry for this transaction? cash. $220,000 common stock, $50,000, and paid in capital in excess of par value, $1,050,000 common stock, $10,000; and paid in capital in excess of par value, $210,000 common stock, $220,000 Question 4 4 pts Our company originally issued 1,000 shares of $1 par value common stock for $9 per share. We repurchased 200 shares of the stock as treasury stock for $10 per share. On September 5, we sold 100 shares of treasury stock for $12 pershare. What account(s) and amount(s) would we credit when we record the journal entry for the September 5 transaction? cash, $1,200 treasury stock, $1,000; and paid in capital from treasury stock, $200 treasury stock, $1,000 cash, $1,000 D Question 5 4 pts On September 12, our company purchased 2,000 shares of the company's $1 par value common stock as treasury stock. paying $9 cash. What account(s) and amount(s) would we credit when we record the journal entry for this transaction cash, $2,000 treasury stock. $2,000 treasury stock. $18,000 cash. $18,000