Northwest Clothing Supply has the following transactions during the year related to stockholders' equly January 1 Issues 2,800 shares of no par value common stock for $24 per share March 15 Issues 800 shares of $20 par value preferred stock for $25 per share December 1 Declares a cash dividend of $4 per share to all stockholders of record (both common and preferred) on December 15 December 15 Northwest Clothing Supply has fixed the Record Date for both cumon and preferred shares a december 15 December 31 Pays the cash dividend declared on December 1 Record each of these transactions (ll no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) X View transaction list $24 per 1 Record the issuance of 2,000 shares of no-par value common stock for $24 per share. / 2 Record the issuance of 800 shares of $20 par valve preferred stock for $25 per share. Credit 3 Record the declaration of a cash dividend of 34 per share to all stockholders of record (both common and preferred) on December 15. 4 Record the entry on the record date. 50 50 Ne