Record each of these transactions.

Required Information The following information applies to the questions displayed below! National League Gear has two classes of stock authorized: 4%, $20 par preferred, and $5 par value common. The following transactions affect stockholders' equity during 2021. Notional League's first year of operations: February 2 Issue 1.4 million shares of common stock for $29 per share. February 4 Issue 540,000 shares of preferred stock for $23 per share. June 15 Purchase 140,000 shares of its own common stock for $24 per share. August 15 Resell 105,060 shares of treasury stock for $39 per share. November 1 Declare a cash dividend on its common stock of $1.40 per share and a $432,000 (4 of par value) cash dividend on its preferred stock payable to all stockholders of record on November 15. (Hint: Dividends are not paid on treasury stock.) November 30 Pay the dividends declared on November 1. Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In he first account field.) View transaction list Journal entry worksheet 5 6 7 Record the issue of preferred stock. Note: Enter debits before credits. General Journal Dobit Credit Date February 04, 2021 Record entry Clear entry View general journal Journal entry worksheet Record the purchase of treasury stock. Note: Enter debits before credits. Date General Journal Debit Credit June 15, 2021 Record entry Clear entry View general journal Journal entry worksheet Record resell of treasury stock purchased. Note: Enter debits before credits. General Journal Debit Credit Date August 15, 2021 View general journal Record entry Clear entry Journal entry worksheet Record the entry on the date of record. Note: Enter debits before credits General Joumal Debit Credit Date November 15, 2021 View general journal Record entry Clear entry I wanSaLUND: ( no entry is required for a particular transaction/event, select " the first account field.) View transaction list Journal entry worksheet