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i cannot figure this out can someone help please! Required information The following information applies to the questions displayed below] Golf Apparel has two classes
i cannot figure this out can someone help please!
Required information The following information applies to the questions displayed below] Golf Apparel has two classes of stock authorized: 4%,$10 par preterred, and $1 par value common. The following transactions affect stockhoiders' equity during 2024 , its first year of operations: January 2 Isege-120,000 shares of common stoek for 965 per bhare. February 14 I strue 55,000 shares of preferred stock for 513 per share. May B Purchase 12,000 shaxen of ites own oosnon stock for 555 per andare. May 31 Resell 4,000 iharen ot treatrury stock for $60 per share. cast dividend on ltti preferked stock payable to all wtockholders of recerd on December 15 . The dividend in payable on December 30. (Hike pividebde are not paid on treamuFy stoek. ) December 30 Pay the cash dividends declared on Decenber 1. equired: Record each of these transactions, (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first ccount field,) Journal entry worksheet Journal entry worksheet 1 Record the declaration of a cash dividend on its common stock of $0.75 per share and a $22,000 ( 4% of par value) cash dividend on its preferred stock payable to all stockholders. The dividend is payable on December 30. (Hint: Dividends are not paid on treasury stock.) Note: Enter debits before credits. Required information Required information The following information applies to the questions displayed below] Golf Apparel has two classes of stock authorized: 4%,$10 par preterred, and $1 par value common. The following transactions affect stockhoiders' equity during 2024 , its first year of operations: January 2 Isege-120,000 shares of common stoek for 965 per bhare. February 14 I strue 55,000 shares of preferred stock for 513 per share. May B Purchase 12,000 shaxen of ites own oosnon stock for 555 per andare. May 31 Resell 4,000 iharen ot treatrury stock for $60 per share. cast dividend on ltti preferked stock payable to all wtockholders of recerd on December 15 . The dividend in payable on December 30. (Hike pividebde are not paid on treamuFy stoek. ) December 30 Pay the cash dividends declared on Decenber 1. equired: Record each of these transactions, (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first ccount field,) Journal entry worksheet Journal entry worksheet 1 Record the declaration of a cash dividend on its common stock of $0.75 per share and a $22,000 ( 4% of par value) cash dividend on its preferred stock payable to all stockholders. The dividend is payable on December 30. (Hint: Dividends are not paid on treasury stock.) Note: Enter debits before credits. Required information Step by Step Solution
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