Fagan Co. had these transactions during the current period.
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June 12
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Issued 84,100 shares of $1 par value common stock
for cash of $315,375.
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July 11
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Issued 3,310 shares of $102 par value preferred
stock for cash at $106 per share.
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Nov. 28
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Purchased 3,120 shares of treasury stock for $8,650.
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Prepare the journal entries for the Fagan Co. transactions shown above. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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Date
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Account
Titles and Explanation
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Debit
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Credit
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