stock, \$60 par for cash. On August 30, Erin Corporation issued for cash 23,000 shares of preferred 8\% stock, $60 par at $67. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it 0 ank. Hecall that a separate account is used for recording the amount of each cass of stock issued to investors in a corporation. Recall the definibon of iegal capiat and: how it applies to how the sale of stock is recorded