5 of 7 (6 complete) Score: 0.54 of 1 pt HW Score: 79.12%, 5.54 of 7 pts VE10-46B (similar to) Question Help At December 31, 2018, Southern Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). Southern's 2019 transactions included (Click the icon to view the transactions.) (Click the icon to view the data.) Requirements 1. Journalize Southern's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the overall effect of these transactions (parts a-e) on Southern's stockholders' equity? Requirement 1. Journalize Southern's transactions in b, c, d, and e. Explanations are not required. (Enter amounts in millions as provided to you in the problem statement. Record debits first, then credits. Exclude explanations from any journal entries.) b. Issuance of 6 million shares of common stock for $13.00 per share.. More Info Journal Entry Date Accounts Debit Credit b. a. Net income, $447 million b. Issuance of 6 million shares of common stock for $13.00 per share c. Purchase of 9 million shares of treasury stock for $108 million d. Sold 6 million of the treasury shares purchased in part c for $84 million e. Declaration and payment of cash dividends of $33 million Print Done