Journalize the following transactions of Alameda Productions: Jan 21 Issued 1,800 shares of $1.25 par common stock

Question:

Journalize the following transactions of Alameda Productions:
Jan 21 Issued 1,800 shares of $1.25 par at $13 per share.
Jun 23 Purchased 500 shares of treasury stock at $15 per share.
Jul 12 Sold 400 shares of treasury stock at $22 per share.

What was the overall effect of these transactions on Alameda’s stockholders’ equity?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...