Fabrication at the beginning of the current year: During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: a. Purchased 42,000 shares of treasury common for $30 per share. b. Sold 21,000 shares of treasury common for $33 per share. c. Issued 18,000 shares of preferred 2% stock at $216. d. Issued 70,000 shares of common stock at $28, receiving cash. e. Sold 14,000 shares of treasury common for $28 per share. f. Declared cash dividends of $4.00 per share on preferred stock and $0.06 per share on common stock. g. Paid the cash dividends. Required: Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. 2 more Check My Work uses remaining. eBook Show Me How a. Treasury Stock - Show Me How Cash 1,260,000 b. Cash 693,000 Treasury Stock 630,000 Paid-In Capital from Sale of Treasury Stock 63,000 c. Cash > 3,888,000 Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock d. Cash Common Stock Paid-In Capital in Excess of Par-Common Stock e. Cash Paid-In Capital from Sale of Treasury Stock Treasury Stock f. Cash Dividends Cash Dividends Payable g. Cash Dividends Payable Cash Check My Work 2 more Check My Work uses remaining. Previou