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can I please get help witn entering these journal entries? Required information The following information applies to the questions displayed below) Golf Apparel has two

can I please get help witn entering these journal entries? image text in transcribed
Required information The following information applies to the questions displayed below) Golf Apparel has two classes of stock authorized: 4%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2 Issue 120,000 shares of comon stock for $65 per share. February 14 Issue 55,000 shares of preferred stock for $13 per share. May 8 Purchase 12,000 shares of 1ts own common stock for $55 per share. May 31 Resell 6,000 shares of treasury stock for $60 per share. December 1 Declare a cash dividend on its common stock of $0.75 per share and a $22,000 ( 44 of par vatue) cash dividend on its preferred stock payable to all stockholders of record on December 15. The dividend is payable on Deceaber 3e. (Hint: Dividends are not paid on treasury stock.) December 30 pay the cash dividends declared on December 1. Required: 1. Record each of these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet (2) 3 4 (5) 6 7 > Record the issuance of 120,000 shares of common stock for $65 per share. Note: Enter debits before credits

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