Current Attempt in Progress Sandhill Corp had 2,600 preferred shares issued with a balance...

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Accounting

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Sandhill Corp had 2,600 preferred shares issued with a balance of $59,800 and 131,000 common shares issued with a balance of $524,000 at the beginning of the year. The following share transactions occurred during the year:
June 12 Issued 53,500 common shares for $5 per share.
July 11 Issued 1,100 preferred shares for $25 per share.
Oct. 1 Issued 10,800 common shares for $6 per share.
Nov. 15 Issued 22,800 preferred shares for $29 per share.
(a)
Record the above transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the 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 Credit
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