give some explantion for general entry on June.24, Aug.9 and Dec31 please

LO 2,3,4 P10-79A. (Learning Objectives 2, 3, 4: Account for stock issuance, dividends, and treasury stock) Jubilee Jewelry Company reported the following summarized balance sheet at December 31, 2018: $ 32,200 89,000 $121,200 Assets Current assets....... .... Property and equipment, net..... Total assets............. Liabilities and Equity Liabilities...... Stockholders' equity: $0.70 cumulative preferred stock, 55 par, 800 shares issued..... Common stock, S6 par, 6,700 shares issued........ Paid-in capital in excess of par-common..................... .... Retained earnings........ Total liabilities and equity.... . ............... $ 36,500 4,000 40,200 18,500 22,000 $121,200 During 2019, Jubilee Jewelry completed these transactions that affected stockholders' equity: Feb 13 Jun 7 24 Aug 9 Issued 5,400 shares of common stock for $9 per share, Declared the regular cash dividend on the preferred stock. Paid the cash dividend. Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $12 per share. Reacquired 600 shares of common stock as treasury stock, paying $14 per share. Sold 300 shares of the treasury stock for $18 per share. Declared a cash dividend of $0.25 per share on the outstanding common stock; dividends will be paid in January, 2020. Oct 26 Nov 20 Dec 31 Requirements 1. Journalize Jubilee Jewelry's transactions. Explanations are not required. 2. Prepare the company's stockholders' equity section of the balance sheet at December 31, 2019. Net income for 2019 was $23,000