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h 10-2 Parts Seved Help Save & E Ch 1 at 4 Required information The following information applies to the questions displayed below.) Nautical has

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h 10-2 Parts Seved Help Save & E Ch 1 at 4 Required information The following information applies to the questions displayed below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021 100 shares of preferred stock and 2.000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021 cook March 1 Issue 2,00 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for 538 per share. June i Declare a cash dividend on both connon and preferred stock of se.se per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock $1000: Common Stock, $2.000 Additional Paid-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7,150. Print References Required: 1. 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 lit Journal entry worksheet 1 2 3 5 6 Record the issuance of 2,000 additional shares of common stock for $15 per ASE Grow Proy 1 2 3 4 of to Next >

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