Exercise 10-9B Record common stock, treasury stock, and cash dividends (L010-2, 10-4, 10-5) A company designs and produces a line of golf equipment and golf apparel. The company has 100,000 shares of common stock outstanding as of the beginning of Year 1. The company has the following transactions affecting stockholders' equity in Year 1 1 Issues 48,000 additional shares of $1 par value common stock for 545 per share. 10 Purchases 4,300 shares of treasury stock for $48 per share. 1 Declares a cash dividend of $1.15 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,150 shares of treasury stock purchased on May 10 for $53 per share. March May June treasury stock.) Required: Record each of these transactions (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first occount field.) View transaction list Journal entry worksheet