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Carla Vista Co. had these transactions during the current period. June 12 Issued...

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Accounting

Carla Vista Co. had these transactions during the current period.
June 12 Issued 78,500 shares of $1 par value common stock for cash of $294.
July 11 Issued 3,250 shares of $100 par value preferred stock for cash at $108 per share.
Nov. 28 Purchased 1,750 shares of treasury stock for $9,700.
Prepare a tabular summary to record the Carla Vista Co. transactions. Include margin explanations for the changes in revenues and expenses.
Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.
Increases in expenses require a negative sign or parentheses.
Increases in Discount on Bonds Payable require a negative sign or parentheses.
Increases in Treasury Stock require a negative sign or parentheses.
Assets = Liabilities +q,
q,
q,
Paid in Capital in
Cash
=
Common Stock
Par Value Co
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