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Wildhorse Co. had these transactions during the current period. June 12 Issued 54,000 shares of $5 stated value common stock for cash of $300,000. July
Wildhorse Co. had these transactions during the current period. June 12 Issued 54,000 shares of $5 stated value common stock for cash of $300,000. July 11 Issued 2,700 shares of $100 par value preferred stock for cash at $109 per share. Nov. 28 Purchased 2,300 shares of treasury stock for $11,000. Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal en the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit
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