View Policies Current Attempt in Progress Bridgeport Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 July 1 Issued 45,000 shares for cash at $51 per share Issued 65.000 shares for cash at $57 pershare. Journalize the transaction Record journal entries in the order presented in the problem. Credit account titles are automatically Indented when amount is entered. Denetindent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts: Date Account Titles and Explanation Debit Credit Feb. 1 Cash Oldende 2295000 Preferred Stack Paldin Capital in Exce a Par Valve Preferred Stock Catholitende July Preferred Stock Paldin Capital Bicester Value-Preferred Stock eTextbook and Media List of Accounts Pottockholders equity accounts (Use Taccounts Postres in the order of journal entries posted in the previous part) Preferred Stock Search o BI > Question 3 of 10 Preferred Stock Polo Capital Een af ParValue Preferred Stock eTextbook and Media List of Accounts Post to the stockholdery equity accounts. (014 Taccounts) Pest entries in the order of journal entries posted in the pendous port) Preferred Stock Paid in Capital in Excess of Par Value Preferred Stock To book and Medo Atentado Voor ere to search o HH