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During its first year of operations, a company completes the following transactions related to its stockholders' equity. Question Title (1) begin{tabular}{|lr|} hline February 1: Issue
During its first year of operations, a company completes the following transactions related to its stockholders' equity. Question Title (1) \begin{tabular}{|lr|} \hline February 1: Issue common stock \\ \hline Number of common shares issued & 100,000 \\ \hline Par value per share & $0.01 \\ Issue price per share & $18.00 \\ \hline & \\ \hline March 18: Purchase treasury stock & \\ \hline Number of shares purchased & 2,000 \\ \hline Purchase price per share & $29.00 \\ \hline \end{tabular} IE 10-01 (Static) Using Excel to Prepare Journal Entries Related to Stock Transactions [LO 10-2; LO 10-4] November 11: Resold treasury stock \begin{tabular}{|lr|} \hline% of shares resold & 30% \\ Resale price per share & $33.00 \\ \hline \end{tabular} Legend Graded cell: Leave blank if no answer is needed. Required: 1. Prepare the journal entry for the issuance of common stock on February 1. Scratchpad: Use as a non-graded 2. Prepare the journal entry for the purchase of treasury stock on March 18. workspace 3. Prepare the journal entry for the resale of treasury stock on November 11. Requirement 1: Journal Entry for the Issuance of Common Stock on February 1 (Use cells A2 to B15 from the given information above to complete this question.) Requirement 2: Journal Entry for the Purchase of Treasury Stock on March 18 (Use cells A2 to B15 from the given information above to complete this question.) Requirement 3: Journal Entry for the Resale of Treasury Stock on November 11 (Use cells A2 to B15 from the given information above to complete this question.)
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