Exercise 10-12 (Algo) Record common stock, treasury stock, and cash dividends (LO10-2, 10-4, 10-5) Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024 . Bay Meadows has the following transactions affecting stockholders' equity in 2024 March 1 Issues 48,090 additional shares of $1 par value coenon stock for \$45 per share. Hay 10 Purchases 4,300 shares of treasury stock for 348 per share. June 1 Declares a cash dividend of $1.15 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stocki) July 1 Pays the cash dividend declared on June 1. october 21 hesells 2,150 shares of treasury stock purchased on May 10 for 553 per share. Required: Record each of these transactions (If no entry is required for a particulor tronsoction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 48,000 additional shares of \$1 par value common stock for 545 per share. Cistet Emter debuld before credth