Feb, 28 McVie Corporation's stock has a par value of $2. The company has the following transactions during the year: Issued 330,000 shares at $6 per share. Jun. 7 Issued 91,000 shares in exchange for equipment with a clearly determined value of $207,000. Sep. 19 Purchased 2,600 shares of treasury stock at $6 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Feb. 28 Jun. 7 Sep. 19
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