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Saved #1 Diane's Designs has two classes of stock authorized 6%, $10 par value preferred and $1 par value common. The following transactions affect stockholders'
Saved #1 Diane's Designs has two classes of stock authorized 6%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 1 Issue 200,000 shares of common stock for $17 per share. February 6 Issue 1,100 shares of preferred stock for $12 per share. October 10 Purchase 9,000 shares of its own conon stock for $16 per share November 12 Resell 5,000 shares of treasury stock at 324 per share Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" In the first account field.) View transaction ist Journal entry worksheet Record the issuance of 200,000 shares of common stock for $17 per stare. Note Enter debit bedor credits De Credit Date General Journal Jan 01, 2021 Cash Common Stock Additional Paid in Capital Diane's Designs has two classes of stock authorized: 6%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations January 1 Issue 200,000 shares of conson stock for $17 per share February 5 Issue 1,100 shares of preferred stock for $12 per share. October 10 Purchase 9,600 shares of its own common stock for $16 per share. November 12 Resell 5,000 shares of treasury stock at 124 per share. 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 Diane's Designs has two classes of stock authortzed 6%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations January 1 Issue 200, 600 shares of common stock for $17 per share. February 6 Issue 1,100 shares of preferred stock for $12 per share. October 1e Purchase 9,000 shares of its own conon stock for 316 per share November 12 Resell 5,000 shares of treasury stock at $24 per share Record each of these transactions. If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet
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