Question: Current Attempt in Progress Marigold Corp. had the following transactions during the current period. Mar. 2 Issued 3,700 shares of $5 par value common stock
Marigold Corp. had the following transactions during the current period: Mar. 2 Issued 3,700 shares of $5 par value common stock to attorneys in payment of a bill for $22,200 for services performed in helping the company to incorporate. June 12 Issued 56,500 shares of $5 par value common stock for cash of $353,125. July 11 Issued 1,500 shares of $100 par value preferred stock for cash at $105 per share: Nov. 28 Purchased 2,800 shares of treasury stock for $112,000. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amourlis.)
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