A company has the following two classes of stock authorized: 8%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 1 Issue 300,000 shares of common stock for $17 per share. February 6 Issue 900 shares of preferred stock for $14 per share. October 10 Purchase 10,000 shares of its own common stock for $15 per share.. November 12 Resell 6,000 shares of treasury stock at $23 per share. 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.) View transaction list Journal entry worksheet 1 2 3 4 Record the issuance of 300,000 shares of common stock for $17 per share... Note: Enter debits before credits. Debit Credit General Journal Date Jan 01, 2021