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 21,000 additional shares of $1 par value common stock for $38 per share. May 31 Purchases 5,000 shares of treasury stock for $41 per share. July 1 Declares a cash dividend of $2 per share to all stockholders of record on July 15 . Hint: Dividends are not paid on treasury stock. July 31 Pays the cash dividend declared on July 1. August 10 Resells 2,200 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 56 Record the issuance of 21,000 additional shares of $1 par value common stock for $38 per share. Note: Enter debits before credits. Environmental Designs issues 6,000 shares of its $1 par value common stock at $13 per share. Required: 1. Record the issuance of the stock. 2. Record the issuance of the stock assuming it is no-par value stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of the stock. Note: Enter debits before credits