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On June 30,2017,Sneeze Limited Was Authorized to Issue 60,000 Shares

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On June 30,2017,Sneeze Limited was authorized to issue 60,000 shares of $5 cumulative preferred shares and 250,000 shares of common shares.During its start-up phase,the company engaged in several transactions.
Prepare journal entries for the following transactions:
On June 30,2017,Sneeze Limited was authorized to issue 60,000 shares of $5 cumulative preferred shares and 250,000 shares of common shares.During its start-up phase,the company engaged in several transactions. Prepare journal entries for the following transactions:

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