Overton Co. had the following transactions during the current period.
| Mar.2 Don't use plagiarized sources. Get Your Custom Essay on overton co had the following transactions during the current period 618696 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | Issued 5,000 shares of $1 par value ordinary shares to attorneys in payment of a bill for $30,000 for services provided in helping the company to incorporate. |
| June12 | Issued 60,000 shares of $1 par value ordinary shares for cash of $375,000. |
| July 11 | Issued 1,000 shares of $100 par value preference shares for cash at $110 per share. |
| Nov.28 | Purchased 2,000 treasury shares for $80,000. |
Instructions
Journalize the above transactions.
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