(Answered) Miles co had these transactions during the current

Accounting

Miles Co. had these transactions during the current period.

June 12	Issued 50,000 shares of $3 stated value common stock for cash of $250,000.
July 11	Issued 2,000 shares of $100 par value preferred stock for cash at $108 per share.
Nov. 28	Purchased 2,000 shares of treasury stock for $10,000.

Prepare the journal entries for the preceding transactions.

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