A company has the following two classes of stock authorized: 7%, $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 $13 per share. February 6 Issue 1,200 shares of preferred stock for $11 per share. October 10 Purchase 12,000 shares of its own common stock for $15 per share. November 12 Resell 6,000 shares of treasury stock at $20 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 Record the issuance of 300,000 shares of common stock for $13 per share. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01, 2021 Record entry Clear entry View general journal A company has the following two classes of stock authorized: 7%, $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 $13 per share. February 6 Issue 1,200 shares of preferred stock for $11 per share. October 10 Purchase 12,000 shares of its own common stock for $15 per share. November 12 Resell 6,000 shares of treasury stock at $20 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 Record the issuance of 1,200 shares of preferred stock for $11 per share. Note: Enter debits before credits. General Journal Debit Credit Date Feb 06, 2021 Record entry Clear entry View general journal A company has the following two classes of stock authorized: 7%, $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 $13 per share. February 6 Issue 1,200 shares of preferred stock for $11 per share. October 10 Purchase 12,000 shares of its own common stock for $15 per share. November 12 Resell 6,000 shares of treasury stock at $20 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 fleld.) View transaction list Journal entry worksheet Record the purchase of 12,000 shares of its own common stock for $15 per share. Note: Enter debits before credits. General Journal Debit Credit Date Oct 10, 2021 Record entry Clear entry View general journal A company has the following two classes of stock authorized: 7%, $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 $13 per share. February 6 Issue 1,200 shares of preferred stock for $11 per share. October 10 Purchase 12,000 shares of its own common stock for $15 per share. November 12 Resell 6,000 shares of treasury stock at $20 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 fleld.) View transaction list Journal entry worksheet
