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Entries for issuing stock On January 22, Shamrock Corporation issued for cash 17,000...

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Accounting

Entries for issuing stock
On January 22, Shamrock Corporation issued for cash 17,000 shares of no-par common stock at $15. On February 14, Shamrock issued at par value 7,000 shares of preferred 3% stock, $80 par for cash. On August 30, Shamrock issued for cash 18,000 shares of preferred 3% stock, $80 par at $86.
Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank.
DateAccountDebitCredit
Jan. 22
Cash
Common Stock
Feb. 14
Cash
Preferred Stock
Aug. 30
Cash
Preferred Stock
Paid-In Capital in Excess of Par-Preferred Stock

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