Transcribed Image Text: Carla Vista Co. had these transactions during the current period. June 12 Issued 83,000 shares of $1 par value common stock for cash of $311,250. July 11

Transcribed Image Text: Carla Vista Co. had these transactions during the current period.
June 12 Issued 83,000 shares of $1 par value common stock for cash of $311,250.
July 11 Issued 4,300 shares of $103 par value preferred stock for cash at $107 per share.
Nov. 28 Purchased 2,400 shares of treasury stock for $9,350.
Prepare the journal entries for the Carla Vista Co. transactions shown above. (Record journal entries in the
order presented in the problem. Credit account titles are automatically indented when amount is
entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles
and enter 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Credit

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