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Diane's Designs has two classes of stock authorized: 7%,$10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2021,

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Diane's Designs has two classes of stock authorized: 7%,$10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 1 Issue 200,000 shares of conmon stock for $15 per nhare. Pebruary 6 tsine 1,200 shares of preferred stock for $14 per share. october 10 purehase 12,000 shares of itn ovn oconon atoek for $14 per thare. Noverber 12 Resel1 6,000 shares of treanury stock at $21 per ahare. Record each tof 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 (4) Record the issuance of 200,000 shares of common stock for $15 per share. Notel Enter debits belore oredits

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