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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 2 Issues 100,000 shares of common stock for $24 per share. sues 1,900 shares of 7% preferred stock for $13 per share. September 19 Purchases 12,000 shares of its own common stock for $29 per share. December 15 Resells 6,000 shares of treasury stock at $34 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.) View transaction list Journal entry worksheet Record the issuance of 100,000 shares of common stock for $24 per share. Journal entry worksheet 2 3 4 Record the issuance of 100,000 shares of common stock for $24 per share. Note: Enter debits befor General Journal Debit Credit Date January 02, 2021 1 1 1 1 Record entry :: Clear entry View general journal Journal entry worksheet ... Record the issuance of 1,900 shares of stock for $13 per share. ST ID Note: Enter debits before credits. Date Debit Credit February 06, 2021 NI DELLI TE TTTT TTT 1 TULIP 11 1 1 Record entry = View general journal Journal entry worksheet

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