A company has two classes of stock authorized: 8%,510 par preferred, and $1 par value common. The following transactions aftect thockholders' equify duting Ye or 1, its flrst yeor of operations: February 6 lisves 1,20 o shares of sh preferred stock for $12 per share. Septeaber 10 Purchases 10 , eea shares of its ow connon stock for $22 per share. Deceeber 15 Resells 5 , be shares of treasury stock at 527 per share. Reculred: Recedd each of these transactions. (if no entry is requlred for a particulae transactionievent, select "No aburnal Entry Required" in the first account field,) View transection liet Journal entry worksheet 234 Record the issusnce of 100,000 shares of common stock for $17 per share. Nocel Crter debics belsre oredits \begin{tabular}{|c|c|c|c|} \hline Date & Oershal Journal & Deba & Creatit \\ \hline Janury 02 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Reserd entry & ciearentry & & \\ \hline \end{tabular} A compary has two elasses of stock authorized: 8%,$10 par preferred. and $1 par value common. The following tramactions afect stockholders' equty duting Year 1 , its first year of operations: January 2 Issues 100 , ba shares of coman stock for $17 per share. February 6 Issues 1,20 shares of by preferred stock for \$12 per share. Septenber 10 Purchases 10 , aee shares of its own coemon stock for $22 per share. Decraber. 15 Resetts 5 , 600 shares of treasury stock at 527 per share. Required: Record each of these transactions. (If no entry is requlred for a particular transactionievent, selact "No Joumal Entry Required" tn the first account field.) Journal entry worksheet Record the issuance of 1,200 shares of 8% preferred stock for $12 per share. Note: Enter debits before credas, A company has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect. stockholders' equity during Year 1, its first year of operations: January 2 Issues 100 , e90 shares of conmon stock for 517 per share. February 6 issues 1,200 shares of 8n preferred stock for $12 per share. 5eptenber 10 Purchases. 10,000 shares of its own conmon stock for $22 per share. Decenber 15 Resells 5 , 0ee shares of treasury stock at $27 per share. Required: Record each of these transactions. (if no entry is required for a particular transaction/event, select "Mo Journal Entry Requlred" In the first account field.) Journal entry worksheet 4 Record the purchase of 10,000 shares of its own common stock for $22 per share. Note: Enter debits before credits. A company has two classes of stock authorized: 8%.$10 par preferred, and $1 par value commion. The following transactions affect Record each of these transactions. II no entry is required for a particular transactionievent, select "No Journal Entry Requlred" in Note: Enter debits before crecies
