Business
Business, 25.03.2020 04:22, 105001964

Exercise 13-5 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,200 shares of $6 par value common stock to attorneys in payment of a bill for $30,400 for services performed in helping the company to incorporate. June 12 Issued 58,700 shares of $6 par value common stock for cash of $420,600. July 11 Issued 1,700 shares of $110 par value preferred stock for cash at $130 per share. Nov. 28 Purchased 3,470 shares of treasury stock for $76,000. Journalize 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.)

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Exercise 13-5 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,200...

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