Return to question Problem 10-6B Part 1 Part 1 of 2 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.) Answer is not complete. points No Credit Debit 22,400,000 Date General Journal February 02, 2021 Cash Additional Paid-In Capital Common Stock 7,000,000 15,400,000 > 9,430,000 February 04, 2021 Cash Preferred Stock Additional Paid-In Capital 8,200,000 1,230,000 June 15, 2021 1,540,000 Treasury Stock Cash 1,540,000 4 2,730,000 August 15, 2021 Cash Treasury Stock Additional Paid-In Capital 1,155,000 1,575,000 5 November 01, 202 Dividends Stock Dividends Dividends Payable 1,960,000 328,000 X X 2,288,000 X 6 November 30, 202 Dividends Payable 2,288,000 Cash 2,288,000 Mc ... M Graw 12 of 7 Next Required information Problem 10-6B Record equity transactions and prepare the stockholders' equity section (LO10-2, 10-3, 10- 4, 10-5, 10-7) [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, National League's first year of operations: February 2 Issue 1.4 million shares of common stock for $16 per share. February 4 Issue 410,000 shares of preferred stock for $23 per share. June 15 Purchase 140,000 shares of its own common stock for $11 per share. August 15 Resell 105,000 shares of treasury stock for $26 per share. November 1 Declare a cash dividend on its common stock of $1.40 per share and a $328,000 (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