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Diane's Designs has two classes of stock authorized: 8% $10 par value preferred and $1 par vabe common be affect stockholders' equity during 2021, its
Diane's Designs has two classes of stock authorized: 8% $10 par value preferred and $1 par vabe common be affect stockholders' equity during 2021, its first year of operations January 1 Issue 390,000 shares of common stock for $14 per share. February 6 Issue 880 shares of preferred stock for $12 per share. October 10 Purchase 12, 609 shares of its a common stock for $17 per share. November 12 Resell 5,000 shares of treasury stock at $23 per share 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.) View transaction list hare 1 Record the issuance of 300,000 shares of common stock for $14 per share 2 Record the issuance of B00 shares of preferred stock fer $12 per share Record the purchase of 12,000 shares of its own common stock for $17 per share 4 Record the reselling of 5,000 shares of treasury stock at $23 per share 49 50 Next >
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