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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'

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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 200,000 shares of common stock for 614 per share. Pebruary 6 Issue 1,200 shares of preferred stock for $13 per share. October 10 Purchase 10,000 shares of its own common atook for $10 per share. November 12 Renoll 5,000 shares of treasury stock at $22 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.) Journal entry worksheet

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