Question 6 View Policies Current Attempt in Progress Sunland Company had these transactions during the current period. June 12 Issued 84,000 shares of $1 par value common stock for cash of $315,000 July 11 Issued 4,000 shares of $105 par value preferred stock for cash at $113 per share. Nov. 28 Purchased 3,100 shares of treasury stock for $7,700. Prepare a tabular summary to record the Sunland Company transactions.Of a transection couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particulor Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash ComrnonStock PICn Excess of Par Com Pret Stock PIC in Excess of Par Pref + + June 22$ July 11 Nov. 28 eTextbook and Media -'' rc-e-o..w s- -o x 0 @@r) 0 during the arent period par value common stock for cash of $315,000. par value preferred stock for cash at $113 per share. reasury stock for $7,700 he Sunland Company tramactions.Of a transaction couses a decrease in Assets, Liebilities or Seockholders" Equity, place a negative sign (or entered for the particuler Asset, Liability or Equity item that was reduced.J) Retained Earnings Dividend Expense Treasury Stock Revenue + PIC in Excess of Par Pret. 7 8