6 Exercise 10-9A Record common stock, treasury stock, and cash dividends (L010-2, 10-4, 10-5) arch 03. Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021 Power Drive has the following transactions affecting stockholders' equity in 2021 1 Issues 51.000 additional shares of $ par value coon stock for 541 per share May , 1 Declares a cash dividend of 11.30 per share to all stockholders of record on June 25. minta dividends are July 1 Pays the cash dividend declared on June 1 October 21 well2.300 shares of treasury stock purchased on May 10 for $6 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) No Date Crede + March 01, 2021 Answer is complete but not entirely correct. General Journal Debit Cash 2.445,000 Common Stock Additional Paid-in Capital OOO 55.000 2.397.000 Nu May 10, 2021 Treasury Stock Cash 234.600 234,500 3 June 01, 2021 Dividends Dividends Payabile 60,320 0 50,320 4 July 01, 2021 Dividends Payable Cash 50,320 80 320 MacBook Air so Baa EF 996 5 2 3 4 0) > 7 00 E R T Y o S D F G H . J Door Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicat 6 1 settes en dividend of 11.30 per shace to a stockholders of rondos June 15. Mist Dividende not paid on tamery Lok) 1 Tare the cash dividend declared on June 1. October 31 wie 100 shares o tresty stock purchased on May 10 for $3 per share Required: Record ench of these transactions of na entry is required for a particular transaction/event, select "No Journal Entry Required the first account field.) 175 No Cred Date March 01, 2021 Answer is complete but not entirely correct. General Journal Debit Cash 2448.000 Common Stock Additional Pain Cat 51 000 397.000 2 2 May 10 2021 234,600 Treasury Stock Cash 234.000 3 01, 2021 00.3200 Dividends Dividends Payable 60,320 4 July 05, 2021 O 60.320 Dividends Payable Cash 60.320 128.800 October 21, 2021 Cash Treasury Stock Additional Paid in Capital DOO 12.000 12.800 MacBook Air BO TE 33 ? OP 3 4 3 90 5 2 BA 7 6 8 3 W E R T Y s UL D G H . J K