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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,

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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 9 Issues 100,000 shares of common stock for $15 per share. February 6 Tasus 1,000 shares of 7 preferred stock for $13 per share. September 10 Purchases 12,000 shares of its own common stock for $20 per share. December 15 Resells 6,000 shares of treasury stock at $25 per abare. 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.) View transaction list Journal entry worksheet 1 2 2 3 4 Record the imance of 100,000 shares of common stock for $15 per share, Note: Enter debits before credits Date General Journal Debit Credit Required: Record each of these transactions. (If no entry is required for a particular transaction the first account field.) View transaction list Journal entry worksheet Record the purchase of 12,000 shares of its own common stock for $20 per share. Note: Enter debits before credits General Journal Debit Date September 10, 2021 Credit MacBook Air FE ES ET 14 the first account field.) View transaction list Journal entry worksheet

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