Q-1 Please Help me with this diesaster:

Q 2

[The following information applies to the questions displayed below) Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $350,000 of net income and the following selected transactions occurred in the order given: a. Issued 100,000 shares of the common stock at $50 cash per share. b. Reacquired 20,000 shares at $45 cash per share. c. Reissued oo shares from treasury for $46 per share. d. Reissued 7500 shares from treasury for $44 per share. value: 1.00 points 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) view transaction list view general journal Journal Entry Worksheet 1 2 3 4 Record the issuance of 100,000 shares of common stock with a $5 par