Garza Co. had the following transactions during the current period.

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Garza Co. had the following transactions during the current period.
Mar. 2 Issued 5,000 shares of $1 par value common stock to attorneys in payment of a bill for
$30,000 for services provided in helping the company to incorporate.
June 12 Issued 60,000 shares of $1 par value common stock for cash of $375,000.
July 11 Issued 1,000 shares of $100 par value preferred stock for cash at $110 per share.
Nov. 28 Purchased 2,000 shares of treasury stock for $80,000.

Instructions
Journalize the transactions.

 

    • 11 years ago
    Garza Co. had the following transactions during the current period.
    NOT RATED

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    • attachment
      garza_co.xlsx