11:10 PM 38% oo Verizon Ch 11A Homework E Exercise 11-2 Sheridan Company had these transactions during the current period. Issued 84,000 shares of $1 par value common stock for cash of $315,000 Issued 3,400 shares of $102 par value preferred stock for cash at $107 per share. Purchased 1,350 shares of treasury stock for $8,150 Prepare the journal entries for the Sheridan Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually, if no entry is required, select "No Entry" for the account titles and enter for the amounts.) Question Attempt