London Jewelry Company reported the following summarized balance sheet at December 31, 2018: (Click the icon to view the statement.) During 2019, London Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize London Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 5,900 shares of common stock for $13 per share. Journal Entry Accounts Date Debit Credit Feb 13 Cash 76,700 Common Stock 41,300 Paid-in Capital in Excess of ParCommon 35,400 Jun 7: Declared the regular cash dividend on the preferred stock. Journal Entry Accounts Date Debit Credit Jun 7 Retained Earnings Dividends Payable More Info Feb 13 Issued 5,900 shares of common stock for $13 per share. Declared the regular cash dividend on the preferred stock. Jun 7 24 Paid the cash dividend. Aug 9 Oct 26 Declared and distributed a 10% stock dividend on the common stock. Market price of the common stock was $16 per share. Reacquired 900 shares of common stock as treasury stock, paying $20 per share. Sold 300 shares of the treasury stock for $24 per share. Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. Nov 20 Dec 31 Assets Amount Current assets.. $ 34,000 93,800 Property and equipment, net. .... $ 127,800 Total assets Liabilities and Equity Liabilities 38,000 4,500 Stockholders' equity: $0.25 cumulative preferred stock, $15 par, 300 shares issued Common stock, $7 par, 5,900 shares issued Paid-in capital in excess of par-common 41,300 18,000 Retained earnings 26,000 $ 127,800 Total liabilities and equity