Diane's Designs has two classes of stock authorized: 9%, $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 300,000 shares of common stock for $15 per share. February 6 Issue 1,000 shares of preferred stock for $11 per share. October 10 Purchase 9,000 shares of its own common stock for $16 per share. November 12 Resell 5,000 shares of treasury stock at $21 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 Journal entry worksheet 2 3 Record the issuance of 300,000 shares of common stock for $15 per share. Note: Enter debits before credits Date General Journal Debit Credit Jan 01, 2021 Diane's Designs has two classes of stock authorized: 9%, $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 300,000 shares of common stock for $15 per share. February 5 Issue 1,000 shares of preferred stock for $11 per share. October 10 Purchase 9,000 shares of its own con stock for $16 per share. November 12 Resell 5,000 shares of treasury stock at $21 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 Journal entry worksheet