Business, 07.08.2021 01:10 emmanuelcampbel

Sheridan Company had the following transactions during the current period. Mar. 2 Issued 4,900 shares of $5 par value common stock to attorneys in payment of a bill for $30,100 for services performed in helping the company to incorporate.
June 12 Issued 56,400 shares of $5 par value common stock for cash of $360,800.
July 11 Issued 2,500 shares of $100 par value preferred stock for cash at $110 per share.
Nov. 28 Purchased 2,400 shares of treasury stock for $80,500.

Required:
Journalize the transactions.

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Sheridan Company had the following transactions during the current period. Mar. 2 Issued 4,900 shar...

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