P10-78A (similar to) 3 Question Help Beautiful Outdoor Furniture Company included the following stockholders' equity on its year-end balance sheet at March 31, 2019: E: (Click the icon to view the partial balance sheet.) Read the requirements Requirement 1. Identify the different issues of stock that Beautiful Outdoor Furniture Company has outstanding. (If a box is not used in the table, leave the box empty; do not make a selection.) Issue of stock Class A cumulative preferred stock Class B cumulative preferred stock Common stock Requirement 2. Give the summary entries to record issuance of all the Beautiful stock. Assume that all the stock was issued for cash. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Record issuance of the Class A Preferred Stock. Data Table Journal Entry Accounts Date Debit Credit Amount Stockholders' Equity Preferred stock, 7% cumulative-par value $15 per share; authorized 180,000 shares in each class Class A-issued 79,000 shares Class B-issued 92,000 shares Common stock-$11 par value: authorized 1,500,000 shares, issued 245,000 shares Additional paid-in capital common 1,185,000 1,380,000 2,695,000 Choose from any list or enter any number in the input fields and then click Check Answer. 5,610,000 8,400,000 Retained earnings parts remaining Clear All $ 19,270,000