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woru THE WKU Topnet Reading work Question 11 of 14 -12 View Policies Current...

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Accounting

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woru THE WKU Topnet Reading work Question 11 of 14 -12 View Policies Current Attempt in Progress Coronado Industries had the following transactions during the current period Mar. 2 Issued 5,300 shares of $Spar value common stock to attorneys in payment of a bill for $31.800 for services performed in helping the company to incorporate Issued 68,500 shares of $5 par value common stock for cash at $428.125 June 12 July 11 Issued 1.500 shares of $100 par value preferred stock for cash at $108 per share Nov. 28 Purchased 1.700 shares of treasury stock for $68,000, Joumalize 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 for the amounts.) Date Debit Credit Account Titles and Explanation Organization Experie Mar. 2 Common Stock Paid in Capital in Excess of Par Value-Common Stock June 12 Cach Common Stock Paid in Capital in Cecewat Pare-Common Stock July 11 Cash Predsta Police Pored Stock He

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