Hello- I am having trouble filling out the journal entries for problems that ask for common stock information. Any help you could provide with solving the following problems of a (non-graded) assignment below would assist with my understanding. Thank you so much.

The following are selected accounts for the Alpha Dog Company after all Fiscal Year December 31, 2016, adjusting entries & closing entries have been posted. All balances are normal.

Common Stock, $5 par $150,000

Treasury Stock, at cost $10 per share $20,000

Dividends Payable $5,000

Paid in Capital in excess of par, Common Stock $30,000

Paid in Capital in excess of par, Preferred Stock $3,500

Retained Earnings $140,000

Bonds Payable $75,000

Preferred Stock, $100 par, 5% cumulative $35,000

On December 31, 2016, Common Stock was authorized 50,000 shares and Preferred Stock was authorized 5,000 shares. Prepare only the Stockholder's Equity section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations.

On January 2, 2016, Alpha Corporation procured new equipment with an issue of 5,000 shares of $4.00 par value common stock. The equipment had an MSRP of $65,000. Alpha's stock was trading on the open market for $9.75 per share on January 2nd. Use this information to prepare the General Journal entry (without explanation) for the January 2 entry.