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Maple Forest Corporation designs and produces a line of golt equipment and goit 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 golt equipment and goit apparel. Maple Forest has 100,000 shares of common stock outstanding as of the heginning of 2024 . Mople Forest hes the following transoctions dffecting froclholder's ectity in 2024. May to purchases 4,000 shares of treasury stock for $3 per share. Jaly 1 pays the call dividend deolared on June 1. Cotaber 21 Resells 2,400 sharen of treasury stock purehaeed on Moy 10 for 558 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 2345 Record the issuance of 53,000 additional shares of $1 par value common stock for $50 per share: Hotn triter ditita nefore cresita. Journal entry worksheet Record the purchase of 4,800 shares of treasury stock for $53 per share. Note: Enter debits before credits. Journal entry worksheet Record the deciaration of a cash dividend of $1.40 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Note: Enter debits before credits. Journal entry worksheet Record payment of the cash dividend declared on June 1. Note: Enter debits before credits. Journal entry worksheet Record the resale of 2,400 shares of treasury stock purchased on May 10 for $58 per share. Note: Enter debits before credits

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