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Required information (The following information applies to the questions displayed below. Refer to the following transactions. a. Sold 4,900 shares of $46 par value 9%

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Required information (The following information applies to the questions displayed below. Refer to the following transactions. a. Sold 4,900 shares of $46 par value 9% preferred stock at par. b. Declared the annual dividend on the preferred stock. c. Purchased 550 shares of preferred stock for the treasury at $53 per share. d. Issued 3,000 shares of $2 par value common stock in exchange for land valued at $114,000. e. Sold 268 shares of the treasury stock purchased in transaction c for $58 per share. f. Split the common stock 2-for-1. Prepare the journal entries to record each of the above transactions. (If no entry is required for a 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 sale of 4,900 shares of $46 par value 9% preferred stock at par. Note: Enter debits before credits. Transaction General Journal Debit Credit

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