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Selected Stock Transactions Dlamondback Weding & Fabrication Corporation sells and services plpe welding equipment in lilinois. The following selected accounts appear in the ledger of

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Selected Stock Transactions Dlamondback Weding \& Fabrication Corporation sells and services plpe welding equipment in lilinois. The following selected accounts appear in the ledger of Diamondback waliala a tahriestinn at the heainnind of the current year: During the year, the corporation completed a number of transactions affecting the stockiolders' equity, They are summarized as foliows: 3. Purchased 36,000 shares of Lreasury common for $20 per share. b. Sold 18,000 shares of treasury common for $23 per share. c. Issued 13,000 shares of preferred 2% stock at $188. d. Issued 60,000 shares of common stock at $18, receiving cash. 6. Sold 12,000 shares of treasury common for 518 per share. 1. Declared cash dividends of $3.50 per share on preferred stock and $0.06 per share on common stock. 9. Paid the cash dividends. Requiredi Joumalie the entries to record the transactions. If an amount bok does not require an entry, letve is blank. a more Crech My Wouk uses Rertaining lank

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