Journalize the following transactions for Genie Corp.

A. Genie Corp began operations January 1, 2013 by selling 30,000 shares of Common Stock. Stock had a par value of $10. Proceeds from the sale were $1,000,000. The company's charter authorizes the issuance of 100,000 shares of Common Stock. They are not authorized to issue Preferred Stock.

B.Genie Corp's Board of Directors declared a $1/share dividend on Common Stock on November 24, 2013.

C. The date of record is December 28, 2013.

D. The payment date for the dividend is December 30, 2013.

D1. The company performs it closing process on December 31, 2013.

E.Genie buys back 10,000 shares of Common Stock when the market price is $20 per share on March 1, 2014.

F. Calculate the following as of March 2, 2014:

Authorized shares of Common Stock.

Issued shares of Common Stock.

Outstanding shares of Common Stock.