CALCULATOR PRINTER VERSION BACK NEXT Exercise 11-08 Monty Corp. recently hired a new accountant with extensive experience in acc for partnerships. Because of the pressure of the new job, the accountant was review what he had learned earlier about corporation accounting. During the month, he made the following entries for the corporation's capital stock. May 2 Cash Capital Stock (Issued 8,400 shares of $12 par value common stock at $15 per share) 10 Cash Capital Stock (Issued 15,000 shares of $19 par value preferred stock at $52 per share) 15 Capital Stock Cash (Purchased 740 shares of common stock for the treasury at $11 per share) On the basis of the explanation for each entry, prepare the entries that should been made for the capital stock transactions. (Record journal entries in th presented in the problem. Credit account titles are automatically inde when amount is entered. Do not indent manually. If no entry is requir select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Dube Credit