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Exercise 10-6A Record issuance of stock and treasury stock transactions (LO10-2, 10-3, 10-4) Finishing Touches has two classes of stock authorized: 7%,$10 par preferred, and

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Exercise 10-6A Record issuance of stock and treasury stock transactions (LO10-2, 10-3, 10-4) Finishing Touches has two classes of stock authorized: 7%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 2 issues 100,006 shares of common stock for \$27 per share. February 6 Issues 2,200 shares of 7 preferred stock for $13 per share. September 10 purchases 12 , B0e shares of its own comeon stock for $32 per share. December 15 Resells 6,008 shares of treasury stock at $37 per share. Required: 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 Record the issuance of 100,000 shares of common stock for $27 per share. Note: Enter debits before credits. Journal entry worksheet Record the issuance of 2,200 shares of 7% preferred stock for $13 per share. Note: Enter debits before credits. Journal entry worksheet Record the purchase of 12,000 shares of its own common stock for $32 per share. Note: Enter debits before credits. Journal entry worksheet 12 Note: Enter debits before credits

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