Exercise 8-13 Your answer is partially correct. Try again. Oriole Company had these transactions during the current period. June 12 Issued 80,500 shares of $1 par value common stock for cash of $301,875. July 11 Issued 4,050 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 1,350 shares of treasury stock for $8,550. Prepare a tabular summary to record the Oriole Company transactions. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Stockholders' Equity Paid-in-Capital Retained Earnings Cash Common Stock + PIC in Excess of Par Com. + Pref. Stock PIC in Excess of Par Pref. Treasury Stock Revenue Expense Dividend June 22 301875 80500 221375 July 11 429300 405000 24300 x Nov. 28 8550 Click if you would like to Show Work for this question: Open Show Work