Oriole Co. had these transactions during the current period. June 12 Issued 44,000 shares of $3...
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Oriole Co. had these transactions during the current period. June 12 Issued 44,000 shares of $3 stated value common stock for cash of $220,000. B July 11 Issued 1,760 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 1.760 shares of treasury stock for $8,800. Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Oriole Co. had these transactions during the current period. June 12 Issued 44,000 shares of $3 stated value common stock for cash of $220,000. B July 11 Issued 1,760 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 1.760 shares of treasury stock for $8,800. Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit
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