Sheridan Company had these transactions during the current period.

June 12		Issued 84,000 shares of $1 par value common stock for cash of $315,000.
July 11		Issued 3,400 shares of $100 par value preferred stock for cash at $105 per share.
Nov. 28		Purchased 1,350 shares of treasury stock for $8,150.

Prepare a tabular summary to record the Sheridan Company transactions. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

		Assets	=	Liabilities	+	Stockholders Equity
						Paid-in-Capital									+	Retained Earnings
		Cash	=		+	Common Stock	+	PIC in Excess of Par Com.	+	Pref. Stock	+	PIC in Excess of Par Pref.		Treasury Stock	+	Revenue	-	Expense	-	Dividend
June 22		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		select an account title Interest expenseDividendsPaid-in-capital in excess of preferred stockCommon stockPreferred stockPaid-in-capital in excess of common stock
July 11		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title DividendsCommon stockPaid-in-capital in excess of common stockPreferred stockPaid-in-capital in excess of preferred stockInterest expense
Nov. 28		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title DividendsCommon stockPaid-in-capital in excess of preferred stockInterest expensePaid-in-capital in excess of common stockPreferred stock