Question: Problem 11-01A (Part Level Submission) Whispering Winds Corp. was organized on January 1, 2022. It is authorized to issue 21,800 shares of 7%, $51 par

Problem 11-01A (Part Level Submission)

Whispering Winds Corp. was organized on January 1, 2022. It is authorized to issue 21,800 shares of 7%, $51 par value preferred stock and 466,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year.
Jan. 10 Issued 73,000 shares of common stock for cash at $6 per share.
Mar. 1 Issued 1,260 shares of preferred stock for cash at $56 per share.
May 1 Issued 118,000 shares of common stock for cash at $6 per share.
Sept. 1 Issued 5,600 shares of common stock for cash at $7 per share.
Nov. 1 Issued 3,600 shares of preferred stock for cash at $54 per share.

(a)

Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date

Jan. 10Mar. 1May 1Sept. 1Nov. 1

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Jan. 10Mar. 1May 1Sept. 1Nov. 1

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Jan. 10Mar. 1May 1Sept. 1Nov. 1

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Jan. 10Mar. 1May 1Sept. 1Nov. 1

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Jan. 10Mar. 1May 1Sept. 1Nov. 1

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

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