Saved Submit A company designs and produces a line of golf equipment and golf apparel. The company has 100,000 shares of common stock outstanding as of the beginning of Year 1. The company has the following transactions affecting stockholders' equity In Year 1. March 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share. May 10 Purchases 5,900 shares of treasury stock for $64 per share. June 1 Declares a cash dividend of $1.95 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 10 for $69 per share. Required: 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 4 5 Record the issuance of 64,000 additional shares of $1 par value common stock for $61 per share. Note: Enter debits before credits. General Journal Debit Credit Date March 01 Comments View transaction list Journal entry worksheet 1 45 Record the purchase of 5,900 shares of treasury stock for $64 per share. Note: Enter debits before credits. Date L General Journal Debit Credit May 10 Record entry Clear entry View general journal Notes Comments Required: 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 Notes Comments - View transaction list Journal entry worksheet Notes Comments View transaction list Journal entry worksheet Notes Comments