Question: & Prev Question 1 View Policies Current Attempt in Progress Quay Co. had the following transactions during the current period. Mar. 2 Issued 5,000 shares
& Prev Question 1 View Policies Current Attempt in Progress Quay Co. had the following transactions during the current period. Mar. 2 Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in helping the company to incorporate. June 12 Issued 60.000 shares of $5 par value common stock for cash of $375,000. July 11 issued 1.000 shares of $100 par value preferred stock for cash at $110 per share. Nov. 28 Purchased 2.000 shares of treasury stock for $80,000. Journalize the transactions. (Recordjoumal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit 17 TE MOOKAT $ & 3 % 5 6 8 9 0 E R T O F H K L ? V B N. M
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