Your answer is partially correct.

Assume that Cookie & Coffee Creations Inc. issues $840$$$0\mathrm{.}50$ noncumulative preferred shares to Curtis's dad and the same number to Natalie's grandmother, in both cases for $$4,200.$ Also assume that Cookie & Coffee Creations inc. issues $630$ common shares to its lawyer.

Prepare the journal entries for each of these transactions. They all occurred on November $1.($List all debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

Nov. $1$

$($To record issue of preferred stock$)$

Nov, $1$

$$

$($To record issue of common shares to lawyer$)$

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List of Accounts

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$\backslash$table$[[$Debit$],[8,400]]$

$\backslash$table$[[8,400],[-]]$

Credit

$$

$$ tat

$$

$$

$$

$$

$$