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For Feet's Sake has two classes of stock authorized: 7%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024,
For Feet's Sake has two classes of stock authorized: 7%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: Janbary 2 Issues 100,000 shares of comson stoek for $33 por share. Yebruary 6 Isnuen 2,800 sharen of 71 preferred atock for 513 per share. septeaber 10 purehanes 12,000 shares of its own comthon stoek for $38 per share. Deceaber is Rese11s 6,000 shares of treanury atoek at $43 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.) Journal entry worksheet 4 Record the issuance of 100,000 shares of common stock for $33 per share. Note: Enter debits before credits: Journal entry worksheet Record the issuance of 2,800 shares of 7% preferred stock for $13 per share. Note: Enter debits before credits. Journal entry worksheet Record the purchase of 12,000 shares of its own common stock for $38 per share. Note: Enter debits before credits. Journal entry worksheet Record the resale of 6,000 shares of treasury stock at $43 per share. Note: Enter debits before credits
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