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Diane's Designs has two classes of stock authosized 9%,510 par valut preferred and $1 par valiee common, The fotluwing tians sctiont affect stockholders' equity during

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Diane's Designs has two classes of stock authosized 9%,510 par valut preferred and $1 par valiee common, The fotluwing tians sctiont affect stockholders' equity during 2024, its first year of operations: Jonuary 1 Issue 200,eOO shares of comon istock for $17 per share. February 6 issue 1,100 shares of preferred stock for 312 per. share. October 10 Purchase 12, eve shares of its own chanon stock for 512 per share; Noveeter. 12 Resell 6, ove shares of treasury steck' at $31 fer thare. Required: Record eoch of these mansactions: (M no entry is required for a particular transactionievent, seiect "No Joumal Entry fiequired" in the first account field.) Journal entry worksheet Record the issuance of 200,000 shares of common stock for $17 per share

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