Question: Exercise 11-2 Crane Company had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash July

Exercise 11-2 Crane Company had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash July 11 Issued 2,800 shares of s101 par valve preferred stock for cash at $107 per share Nov. 28 Purchased 3,450 shares of treasury stock for $8,250. Buiv 11 issued 3,800 Prepare the journal entries for the Crane Company transactions shown above. (Record journal entries in t automatically indented when amount is entered. Do not indent manually. If no entry is required amounts.)

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