Question: Current Attempt in Progress Sunland Co. had these transactions during the current period. June 12 Issued 47,000 shares of $3 stated value common stock for

Current Attempt in Progress Sunland Co. had these transactions during the current period. June 12 Issued 47,000 shares of $3 stated value common stock for cash of $235,000. July 11 Issued 1.880 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 1,880 shares of treasury stock for $9,400. Prepare the journal entries for the preceding transactions. (Credit account titles are automatically indented when the omount 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.) Prepare the journal entries for the preceding transactions. (Credit account tities are automatically indented when the amount is entered. Do not indent mantally, Record journat entries in the order presented in the problem. If no entry is required, select. "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
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