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Required information Problem 10-28 (Algo) Record equity transactions and indicate the effect on the balance sheet equation (LO10-2, 10-3, 10-4, 10-5) (The following information applies to the questions displiped below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2024, 150 shores of preferred stock and 1,600 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024: March 1 Issue 1,600 additional shares of conmon stock for $19 per share. April 1 issue 150 additional shares of preferred stock for $26 per share. June 1 Dectare a cash dividend on both comon and preferred stock of so. 70 per share to att stockhotders of record on June 15 . June 38 Pay the cash dividends declared on June 1. August 1 Purchase 250 shares of comon treasury stock for $16 per share. October 1 Reissue ise shares of treasury stock purchased on August 1 for 318 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Prefecred Stock, \$1,500, Common 5tock, \$1,600; Additional Paid -in Capital, \$18,100; and Aetained Earnings, \$10,100. Net income for the year ended December 31,2024 , is $6,950. Problem 10-2B (Algo) Part 1 Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account fleld.) Journal entry worksheet 3456 Record the issuance of 1,600 addrional shares of common stock for $19 per share. Botal Enter dible before creats. Required information Problem 10-2B (Algo) Record equity transactions and indicate the effect on the balance sheet equation (LO10-2, 10-3, 10-4, 10-5) The following information applies to the duestions doployed below) Nauticat has two classes of stock authorized: $10 par preferrod, and $1 par value common. As of the beginning of 2024 . 150 shares of preferred stock and 1,600 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024 March 1 Issue 1,600 additionat shares of cenon steck for $19 per share, Agril 1 Issue isp additional shares of preferred stock for $26 per shore. June 1 Declare a cash dividend on both conmon and preferred steck of se. 70 per share to att stockholders of recerd on June 15 . Juhe 30 , Pay the cash dividends declared on June 1. Augist 1 Purctase 250 shares of centan treasury stock for $16 per share, October 1 Reissue 150 shares of treasury ateck purchased on hugust i for the per share. Nautical has the following beginning balances in its stockholders' equaly sccounts on January 1,2024: Preferred Stock, year ended December 31,2024, is $6,950. Problem 10-28 (Algo) Part 1 Required: 1. Record each of these fransactions (if no entry is required for a particular transactionievent, select "No Journal Entry Required* in the first account fiela) Journal entry worksheet 456 Record the issuance of 150 additional shares of prefered steck for $20 per share. Required information Problem 10-2B (Algo) Record equity transactions and indicate the effect on the balance sheet equation (LO10-2, 10-3, 10-4, 10-5) (The fallowing information applies to the questions displayed below) Nautical has two classes of stock authortzed; $10 par preferred, and $1 par value common. As of the beginning of 2024 , 150 shares of preferred stock and 1,600 shares of common stock have been lssued. The following transactions affect stockholders' equily during 2024: Karch 1 Issue 1,60 additional shares of conos stock. for $19 per share. April 1 Issue 150 additional shares of preferred stock for $26 per share. June 30 of record on June 15 . Aupust 1 Purchase 250 shares of coman treasury stock for $16 per share. october 1 . Reissue 150 shares of treasury steck purchased on August 1 for $18 per share. Nautical has the following beginning balances in its stockholders' equify accounts on January 1, 2024: Preferfed Stock, $1,500; Common Stock, \$1,600, Additional Paid-in Capital, \$18,100; and Retained Earnings, $10,100. Net income for the year ended December 31,2024 , is $6,950. Problem 10-2B (Algo) Part 1 Required: Required: 1. Record each of these transactions. of no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1. 5 6 Hecord the declaration of cash dividend on both common and preferred stock. of $0,70 per thare to all stockholders of record on June is. Natel Enter deruts before crests Problem 10-28 (Algo) Record equity transactions and indicate the effect on the balance sheet equation \{to10-2, 10-3, 10-4, 10-5] stockholders ecuily during 2024 it recori on June is. vear ended December 31.2024 , is $6.950 Problem 10-28 (Algo) Part 1 Required: the frut acceunt field s Journal entry worksheet 8 Required information Problem 10-20 (Algo) Record equity transactions and indicate the effect on the balance sheet equation ( LO 102,103,104,105) The forlowing information opolies fo che cuestions diplayed below] Noutical has two classes of stock suthorized $10 par perefened and $1 par volue comemon. As of the beginning of 2024 , 150 shares of preferted stock and 1600 shares of comenon stock have been isswed. The following transactions affect shockholders equity duning 2024 April i Issue ise edditienal shares of preferred stock for $26 per share. of recerd on Juhe 15 . June 30 . Pay the cash dividend declared on June 1. Nbutical has the following beginning balances in its stocknolders" equity accounts on Jancisy 1,2024: Preferred Stock. your ended December 21,2024,56,950. Problem 10-28 (Algo) Part 1 Required: 1. Pecord each of bese fransactions, of ee enty is required fer a particular transectien/event, select "No Journal Entry Required" in the first account fietd) Journal entry worksheet