Sheridan Company had these transactions during the current period. June 12 Issued 87,500 shares of $1 par value common stock for cash of $328,125. July 11 Issued 3,200 shares of $100 par value preferred stock for cash at $109 per share. Nov. 28 Purchased 2,050 shares of treasury stock for $10,250. Prepare the journal entries for the Sheridan Company 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 June 12 Cash 328,125 Common Stock Paid-in Capital in Excess of Par-Common Stock 240625 July 11 Cash 348800 Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Nov. 28 Treasury Stock Cash