Question: On February 23, Shamrock Corporation issued for cash 13,000 shares of no-par common stock at $50. On October 6, Shamrock issued at par 8,000 shares of 4%, $50 par preferred stock for cash. On November 4, Shamrock issued for cash 31,000 shares of 4%, $50 par preferred stock at $57.
- Journalize the entries to record the February 23, October 6, and November 4 transactions.
- For a compound transaction, if an amount box does not require an entry, leave it blank.