l hever be ance of No-Par Common Stock dends before preferred stockholders. converted into common stock. Golightly Company issued 25,000 shares of n 11-4 necessary journal entry (or entries) to record this transaction. Issuance of Common Stock for Cash mon stock at S45 per share for cash. Make the 11-5 Condon Company issued 3,000 shares of $1 par-value common e necessary journal entry (or entries) to record this transaction. stock for $40 per share for cash. Make Issuance of Common Stock for Other Assets Tiffany Company issued 10,000 shares of $o.01 par-value common The market value of the stock at the date of the exchange was journal entry (or entries) to record this transaction. 11-6 stock in exchange for a building. S40 per share. Make the necessary Accounting for Stock Repurchases E11-7 Diviney Company repurchased 1,500 shares of $1 par value common stock for open market. Make the necessary journal entry (or entries) to record this transaction. Accounting for Sale of Treasury Stock at Price Higher than Cost Refer to the data in PE 11-7. Diviney resells 400 shares necessary journal entry (or entries) to record this transaction. 11-8 of treasury stock for $80 per share. Make the Accounting for Sale of Treasury Stock at Price Lower than Cost Refer to the data in PE 11-7 and 11-8. Diviney resells 300 shares of treasury stock for $56 per share. Make the necessary journal entry (or entries) to record this transaction. E11 Accountin Refer to the data in PE 11-7 through 11-9. Assume the paid-in capital, treasury stock account currently g for Sale of Treasury Stock at Price Lower than Cost has a $2,000 credit balance. Diviney resells 800 shares of treasury stock for S60 per share. Make the necessary journal entry (or entries) to record this transaction