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Shamrock Inc. issues 9,100 shares of $100 par value preferred stock for cash at $109 per share. Journalize the issuance of the preferred stock. (Credit

image text in transcribed Shamrock Inc. issues 9,100 shares of $100 par value preferred stock for cash at $109 per share. Journalize the issuance of the preferred stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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