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Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 4,500 shares of no-par conmon stock for $15 per

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Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 4,500 shares of no-par conmon stock for $15 per share. May 15 Issues 800 shares of $10 par value, 58 preferred stock for $12 per share. october 1 Declares a cash dividend of $0.50 per share to all stockholders of record (both common and preferred) on october 15. October 15 Date of record. October 31 Pays the cash dividend declared on October 1. 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 Record the issuance of 4,500 shares of no-par common stock for $15 per share. pioth inter dehits before credts

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