record each transaction

2024,310 shares of preferred stock and 4,100 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024 : Mareh 1 Issue 1,200 shares of comunon stock for $43 per share. May 15 Purchase 410 shares of treasury stock for $36 per share. July 10 Resell 210 shares of treasury stock purehased on May 15 for $41 per share. october 15 Issue 210 shares of preferred stock for $46 per share. Decenber 1 Declare a cash dividend on both conmon and preferred stock of $0.60 per share to all stockholders of record on Decomber 15. (Hintt Dividends are not paid on treasury stock.) December 31 pay the cash dividends declared on December 1. Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, \$310; Common Stock, \$41; Additional Paid-in Capital, \$76,500; and Retained Earnings, $30,700. Net income for the year ended December 31,2024 , is $11,000. Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 234567 Record the issuance of 1,200 shares of common stock for $43 per shbre. Note: tinter debits before tredits