Sunland company had these transactions during the current period. june 12 issued 84,000 shares of $1 par value common stock for cash of $315,000. july 11 issued 4,000 shares of $105 par value preferred stock for cash at $113 per share. nov. 28 purchased 3,100 shares of treasury stock for $7,700.

prepare the journal entries.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions