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Required information [The following information applies to the questions displayed below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value

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Required information [The following information applies to the questions displayed below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Issue 2,000 additional shares of common stock for $15 por share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $1000; Common Stock $2,000 Additional Pald-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7150. 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.) View transaction list Journal entry worksheet 1 2 3 4 5 6 Record the issuance of 2,000 additional shares of common stock for $15 per share. Note: Enter debits before credits Credit Date General Journal March 01, 2021 Cash Common Stock Debit 30,000 2,000 Required information [The following information applies to the questions displayed below) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021 March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021 Preferred Stock, $1,000; Common Stock, $2,000 Additional Paid-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7150 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.) View transaction list Journal entry worksheet 4 5 6 > Record the issuance of 200 additional shares of preferred stock for $30 per Share Note: Enter debits before credits Credit Date Apr 01, 2021 General Journal Cash Preferred Stock Debit 6,000 2,000 Required information The following information applies to the questions displayed below) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividende declared on June 1. August 1Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $1000; Common Stock, $2,000; Additional Paid-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7150. 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.) View transaction list Journal entry worksheet 4 5 6 Record the declaration of cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. Note: Enter debits before credits Date Dobit Credit June 01, 2021 General Journal Cash Dividends Payable 4.200 Required information The following information applies to the questions displayed below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 towe 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $1,000; Common Stock, $2,000; Additional Paid-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7150 June 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.) View transaction list Journal entry worksheet 2 3 5 6 Record the payment of the dividends declared on June 1. Note: Enter debits before credits General Journal Debit Date June 30, 2021 Credit Required information [The following information applies to the questions displayed below) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021 March 1 Issue 2.000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 pay the cash dividends deelared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $1,000; Common Stock. $2,000; Additional Pald-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7150 Required: 1. Record each of these transactions, (i no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field) View transaction list Journal entry worksheet 3 6 Record the purchase of 200 shares of common treasury stock for $12 per share. Note: Enter debits before credits General Journal Debit Credit Date August 01, 2021 ! Required information The following information applies to the questions displayed below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Ionu 2,000 additional shares of common stock for $15 per share. April 1 Tosue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders ot record on June 15. June 30 Pay the cash dividends declared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per sbare. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $1,000: Common Stock, $2,000; Additional Pald-in Capital, $18,500; and Retained Earnings, $10,500. Net Income for the year ended December 31, 2021, is $7150 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.) View transaction to Journal entry worksheet 6 Record the resell 100 shares of treasury stock Purchased on August 1 for $14 per share, Note: Enter debits before credits General Journal Debit Credit Date October 01, 2021

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