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Court Casuals has 200,000 shares of common stock outstanding as of the beginning of the year and has the following transactions affecting stockholders' equity during

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Court Casuals has 200,000 shares of common stock outstanding as of the beginning of the year and has the following transactions affecting stockholders' equity during the year: May 18 Issues 23,000 additional shares of $1 par value common stock for $44 per share. May 31 Purchases 5,000 shares of treasury stock for $41 per share. paid on treasury stock. July 31 Pays the cash dividend declared on July 1 . August 10 Resells 2,700 shares of treasury stock purchased on May 31 for $48 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 6 Record the issuance of 23,000 additional shares of $1 par value common stock for $44 per share. Note: Enter debits before credits

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