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Sheffield Corp. had the following transactions during the current period. Mar. 2 Issued 5,700 shares of $5 par value common stock to attorneys in payment

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Sheffield Corp. had the following transactions during the current period. Mar. 2 Issued 5,700 shares of $5 par value common stock to attorneys in payment of a bill for $34,200 for services performed in helping the company to incorporate. June 12 Issued 68,000 shares of $5 par value common stock for cash of $425,000. July 11 Issued 1,400 shares of $100 par value preferred stock for cash at $111 per share. Nov. 28 Purchased 1,500 shares of treasury stock for $60,000. 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. 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.) Date Account Titles and Explanation Debit Credit eTextbook and Media Sheffield Corp. had the following transactions during the current period. Mar. 2 Issued 5,700 shares of $5 par value common stock to attorneys in payment of a bill for $34,200 for services performed in helping the company to incorporate. June 12 Issued 68,000 shares of $5 par value common stock for cash of $425,000. July 11 Issued 1,400 shares of $100 par value preferred stock for cash at $111 per share. Nov. 28 Purchased 1,500 shares of treasury stock for $60,000. 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. 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.) Date Account Titles and Explanation Debit Credit eTextbook and Media

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