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Sarasota Co. had the following transactions during the current period. Mar. 2 Issued 5,000 shares of R$ 1 par value ordinary shares to attorneys in

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Sarasota Co. had the following transactions during the current period. Mar. 2 Issued 5,000 shares of R$ 1 par value ordinary shares to attorneys in payment of a bill for R$43,500 for services performed in helping the company to incorporate. June 12 Issued 56,100 shares of R$1 par value ordinary shares for cash of R$463,000. July 11 Issued 2,425 shares of R$120 par value preference shares for cash at R$ 130 per share. Nov. 28 Purchased 2,840 shares of treasury shares for R$ 17,200. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 2 June 12 July 11 Nov. 28

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