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 $16 per share.
February		6		Issue 1,200 shares of preferred stock for $13 per share.
October		10		Purchase 12,000 shares of its own common stock for $15 per share.
November		12		Resell 5,000 shares of treasury stock at $24 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.)

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Jan 01, 2021

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Feb 06, 2021

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Oct 10, 2021

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Nov 12, 2021