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Entries for issuing stock On January 22, Shamrock Corporation issued for cash 31,000 shares of...

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Accounting

Entries for issuing stock On January 22, Shamrock Corporation issued for cash 31,000 shares of no-par common stock at $20. On February 14, Shamrock issued at par value 3,000 shares of preferred 7% stock, $100 par for cash. On August 30, Shamrock issued for cash 34,000 shares of preferred 7% stock, $100 par at $105. 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. Jan. 22 Cash Common Stock Feb. 14 Cash Preferred Stock Aug. 30 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock 350,000 X 540,000 X 2,144,000 X 350,000 X 540,000 X 1,920,000 X XX 224,000
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On January 22 , Shamrock Corporation issued for cash 31,000 shares of no-par common stock at $20. On February 14 , Shamrock issued at par value 3,000 shares of preferred 7% stock, $100 par for cash. On August 30 , Shamrock issued for cash 34,000 shares of preferred 7% stock, $100 par at $105. 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

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