Your answer is partially correct. Ivanhoe Company had these transactions during the current period. June 12 Issued 86,500 shares of $1 par value common stock for cash of $324,375. July 11 Issued 3,100 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 1,800 shares of treasury stock for $8,100. Prepare the journal entries for the Ivanhoe Company 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. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)