Shamrock, Inc. issues 8,000 shares of $108 par value preferred stock for cash at $111 per share.

Brief Exercise 11-4 Shamrock, Inc. issues 8,000 shares of $108 par value preferred stock for cash at $111 per share. Journalize the issuance of the preferred stock. (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 Cash 888,000 SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL