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Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of

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Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024. Bay Meadows has the following transactions affecting stockholders' equity in 2024. March 1 Issues 56,660 additionat shares of $1 par value cosmon stock for $53 per share. May 18 Purchases 5,180 shares of treasury stock for $56 per share. June 1 Declares a cash dividend of $1.55 per share to all stockhoiders of record on June 15. (Hint; Dividends are July 1 Pays paid on treasury stock. ) October 21 Resells 2,550 shares of treasury stock purchased on May 10 for $61 per share. Required: 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 (2) (4) 6 Record the issuance of 56,000 odditional shares of $1 par value common stock for $53 per share. Note: Enter debits before credits. Bay Meadows Corporation designs and produces a line of golf equipment and goif apparel, Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024. Bay Meadows has the following transactions affecting stockholders' equity in 2024. March 1 Issues 56,000 additional shares of $1 par vatue comnon stock for $53 per share. May 10 Purchases 5,100 shares of treasury stock for $56 per share. June 1 Declares a cash dividend of $1.55 per share to atl stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Juty 1 Pays the cash dividend declared on June 1. October 21 Reselts 2,55e shares of treasury stock purchased on May 10 for s61 per share. Required: 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 (5) Record the purchase of 5,100 shares of treasury stock for $56 per share. Wote: Enter detits befpre credite. Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100.000 shares of common stock outstanding as of the beginning of 2024 . Bay Meadows has the following transactions affecting stockhoiders' equily in 2024 March 1 Issues 56,00e additional shares of $1 par value conmon stock for $53 per share. May 10: Purchases 5,108 shares of treasury stock for $56 per share. June 1 Dectares a cash dividend of $1.55 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. Qctober 21 Resells 2,5Se shares of treasury stock purchased on May 10 for $61 per share. Required: 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 (1) (5) Record the declaration of a cash dividend of $1.55 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Nete: Enter debts before credits. Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024 . Bay Meadows has the following transactions affecting stockholders' equity in 2024. March 1 Issues 56,000 additional shares of $1 par value comon stock for $53 per share. May 18 Purchases 5,100 shares of treasury stock for 556 per share. June 1 Declares a cash dividend of \$1.55 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Juty 1 Pays the cash dividend dectared on June 1. october 21 Reselts 2,550 shares of treasury stock purchased on May 10 for $61 per share. Required: 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 (1) 2 Record payment of the cash dividend declared on June 1. Note: Rnter debits before credits. Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024. Bay Meadows has the following transactions affecting stockholders' equity in 2024. March 1 Issues 56,000 additional shares of $1 par value common stock for $53 per share. May 10 Purchases 5,180 shares of treasury stock for $56 per share. June 1 Declares a cash dividend of \$1.55 per share to alt stockholders of record on June 15. (Hint: oividends are July 1 Pays the cash dividend declared on June 1. 0ctober 21 Reselts 2,550 shares of treasury stock purchased on May 10 for $61 per share. Required: 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 (1) 2 Rlecord the resale of 2,550 shares of treasury stock purchased on May 10 for $61 per share. Note: Enter debits before credits

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