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Sandhill Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July

Sandhill Co. had these transactions during the current period.

June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250.
July 11 Issued 2,750 shares of $103 par value preferred stock for cash at $110 per share.
Nov. 28 Purchased 2,150 shares of treasury stock for $7,900.

Prepare the journal entries for the Sandhill Co. 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.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date June 12July 11Nov. 28

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date June 12July 11Nov. 28

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date June 12July 11Nov. 28

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

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