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Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and S1 par value common. The following transactions atfect stockholders' equity during 2021.

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Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and S1 par value common. The following transactions atfect stockholders' equity during 2021. its first year of operations January 2 TSS 100,000 shares of common stock for $25 per share. February 6 Issues 2,000 shares of preferred stock for $12 per share. Septeaber 10 Purchases 10,000 shares of its own stock for $30 per share December 15 tesells 5,000 shares of treasury stock at $35 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 ist Journal entry worksheet

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