Question: Exercise 11-2 Crane Company had these transactions during the current period June 12 Issued 89,500 shares of $1 par value common stock Duly 11 I

 Exercise 11-2 Crane Company had these transactions during the current period

Exercise 11-2 Crane Company had these transactions during the current period June 12 Issued 89,500 shares of $1 par value common stock Duly 11 I for cash of $335,625 ni ssued 3,500 shares of $104 par value preferred stock for cash at $111 per share Nov 28 Purchased 1,900 shares of treasury stock for $8.350 Prepare the journal entries for the Crane 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 enter O for the amounts.) not indent manually. If no entry is required, select "No Entry" for the account titles and Date Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKTULS

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