Ime the transactions, assuming that the common stock is no-par with a stated value of $1 per share. E11-2 Sagan Co. had these transactions during the current period. June 12 Issued 3,000 shares of...


Ime the transactions, assuming that the common stock is no-par with a stated<br>value of $1 per share.<br>E11-2 Sagan Co. had these transactions during the current period.<br>June 12<br>Issued 3,000 shares of $100 par value preferred stock for cash at $106 per<br>share.<br>Issued 80,000 shares of $1 par value common stock for cash of $300,000.<br>July 11<br>Nov. 28<br>Purchased 2,000 shares of treasury stock for $9,000.<br>

Extracted text: Ime the transactions, assuming that the common stock is no-par with a stated value of $1 per share. E11-2 Sagan Co. had these transactions during the current period. June 12 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Issued 80,000 shares of $1 par value common stock for cash of $300,000. July 11 Nov. 28 Purchased 2,000 shares of treasury stock for $9,000.

Jun 08, 2022
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