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Maple Forest Corporation designs and produces a line of golf equipment and golf apparel. Maple Forest has 100,000 shares of common stock outstanding as of

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Maple Forest Corporation designs and produces a line of golf equipment and golf apparel. Maple Forest has 100,000 shares of common stock outstanding as of the beginning of 2024. Maple Forest has the following transactions affecting stockholders' equity in 2024. Kareh 1 Issues 53,000 additional sharen of $1 par value common ntook for $50 per ahare. Kay 10 Purchazen 4,800 shares of treasury stock for $53 per ahare. June 1 Declares a cash dividend of $1.40 per ahare to all stockholdera of record on Jane 15. (Bint, Dividends are not paid on treasury atook. Jaly 1 Pays the eash dividend declared on June 1. Oetober 21 Reselle 2,400 sharen of treasury atoek purehaned on May 10 for $58 per ahare. 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 (2) (3) (4) Record the issuance of 53,000 additional shares of $1 par value common stock for $50 per share. Notes Enter debits before credits

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