Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 Issues 3,000 shares of no-par value common stock for $20 per share March 15 Issues 800 shares of $20 par value preferred stock for $22 per share December 1 Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry Is required for a particular transaction/event, select "No Journal Entry Required" In the flrst account fleld.) Journal entry worksheet 2 5 Record the issuance of 3,000 shares of no-par value common stock for $20 per share Note: Enter debits before credits. Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 Issues 3,000 shares of no-par value common stock for $20 per share March 15 Issues 800 shares of $20 par value preferred stock for $22 per share December 1 Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is required for a partlcular transaction/event, select "No Journal Entry Required" In the flrst account fleld.) Journal entry worksheet 5 Record the issuance of 800 shares of $20 par value preferred stock for $22 per share Note: Enter debits before credits. Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 Issues 3,000 shares of no-par value common stock for $20 per share March 15 Issues 800 shares of $20 par value preferred stock for $22 per share December 1 Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry ls required for a particular transaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet Record the declaration of a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 Note: Enter debits before credits. Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 Issues 3,000 shares of no-par value common stock for $20 per share March 15 Issues 800 shares of \$20 par value preferred stock for \$22 per share December 1 Declares a cash dividend of \$1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is requlred for a partlcular transaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet 1 2 5 Note: Enter debits before credits. Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 Issues 3,000 shares of no-par value common stock for $20 per share March 15 Issues 800 shares of $20 par value preferred stock for $22 per share December 1 Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry Is requlred for a partlcular transaction/event, select "No Journal Entry Required" In the flrst account fleld.) Journal entry worksheet 123 Record the payment of the cash dividend declared on December 1 Note: Enter debits before credits