Sunland Companyhad these transactions during the current period.

June 12Issued83,500shares of $1par value common stock for cash of $313,125.July 11Issued3,450shares of $101par value preferred stock for cash at $105per share.Nov. 28Purchased2,950shares of treasury stock for $8,450.

Prepare the journal entries for theSunland Companytransactions shown above.

(Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. 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

choose a transaction date

June 12

July 11

Nov. 28

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

June 12

July 11

Nov. 28

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

June 12

July 11

Nov. 28

enter an account title

enter a debit amount

enter a credit amount

enter an account title