Required information. [The following information applies to the questions displayed below.) The annual report for Malibu...

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Required information. [The following information applies to the questions displayed below.) The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity a. Purchased $350,600 of common stock now held in treasury. b. Declared cash dividends in the amount of $260,300. c. Paid the dividends in (b). d. Issued 106,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Dividends account. 2. Prepare journal entries to record each of these events. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 Darned the nurchace of e250 600 common stock now held in trascur Required information. [The following information applies to the questions displayed below.) The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity a. Purchased $350,600 of common stock now held in treasury. b. Declared cash dividends in the amount of $260,300. c. Paid the dividends in (b). d. Issued 106,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Dividends account. 2. Prepare journal entries to record each of these events. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 Darned the nurchace of e250 600 common stock now held in trascur