Question

On January 22, Shamrock Corporation issued for cash 12,000 shares of no-par common stock at $50....

On January 22, Shamrock Corporation issued for cash 12,000 shares of no-par common stock at $50. On February 14, Shamrock issued at par 7,000 shares of 3%, $75 par preferred stock for cash. On August 30, Shamrock Corporation issued for cash 23,000 shares of preferred 3% stock, $75 par at $80. Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 22 Feb. 14 Aug. 30

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