Background:

Random Manufacturing Co. completed the transactions related to stockholders' equity listed in the transactions section below.

Assignment: Journalize each transaction -- Please use only the following accounts.

It would be extremely helpful to show calculations.

I found a similar question: https://www.chegg.com/homework-help/questions-and-answers/transactions-01-01-18-issued-1-050-shares-6-103-par-value-non-cumulative-preferred-stock-p-q33134902

The accounts (beginning in the first entry) seemed off. It may help you, as the tutor, to answer the question, however.

Thanks!

Date 1/1/2018 1/3/2018 1/16/2018 2/15/2018 7/30/2018 8/15/2018 10/26/2018 11/8/2018 11/30/2018 Transactions Issued 1050 shares of 6%, $103 par value, non-cumulative preferred stock at par. Issued 100000 shares of $2 par value common stock for $15 per share. Declared the cash dividend on the preferred stock (Issued on January 1) and $0.2 per share dividend on the common stock (issued on January 3). The date of record is January 31 and the date of payment is February 15. Paid the cash dividends. Declared a 30% stock dividend on the common stock. The market value on the common stock was $18 per share. Distributed the stock dividend. Purchase 1000 shares of treasury stock at $8 per share. Sold 500 shares of treasury stock for $10 per share. Sold 300 shares of treasury stock for $4 per share. Accounts List Cash Accounts Receivable Notes Receivable Land Building Accounts Payable Salaries Payable Dividends Payable - Preferred Dividends Payable - Common Preferred Stock - $103 Par Value Paid-In Capital in Excess of Par - Preferred Paid-In Capital in Excess of Par - Common Common Stock - $2 Par Value Paid-In Capital from Treasury Stock Transactions Common Stock Dividend Distributable Retained Earnings Treasury Stock Cash Dividends Stock Dividends Sales Revenue Cost of Goods Sold Salaries Expense Supplies Expense Date 1/1/2018 1/3/2018 1/16/2018 2/15/2018 7/30/2018 8/15/2018 10/26/2018 11/8/2018 11/30/2018 Transactions Issued 1050 shares of 6%, $103 par value, non-cumulative preferred stock at par. Issued 100000 shares of $2 par value common stock for $15 per share. Declared the cash dividend on the preferred stock (Issued on January 1) and $0.2 per share dividend on the common stock (issued on January 3). The date of record is January 31 and the date of payment is February 15. Paid the cash dividends. Declared a 30% stock dividend on the common stock. The market value on the common stock was $18 per share. Distributed the stock dividend. Purchase 1000 shares of treasury stock at $8 per share. Sold 500 shares of treasury stock for $10 per share. Sold 300 shares of treasury stock for $4 per share. Accounts List Cash Accounts Receivable Notes Receivable Land Building Accounts Payable Salaries Payable Dividends Payable - Preferred Dividends Payable - Common Preferred Stock - $103 Par Value Paid-In Capital in Excess of Par - Preferred Paid-In Capital in Excess of Par - Common Common Stock - $2 Par Value Paid-In Capital from Treasury Stock Transactions Common Stock Dividend Distributable Retained Earnings Treasury Stock Cash Dividends Stock Dividends Sales Revenue Cost of Goods Sold Salaries Expense Supplies Expense