Skylar Systems completed the following stock issuance transactions: (Click the koon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generale for Skylar Systems? Requirement May 19: Issued Mate More info \begin{tabular}{ll} \hline May 19 & Issued 1,600 shares of $3 par value common stock for cash of $13,00 per share. \\ Jun. 3 & Isssued 240 shares of $8, no-par preferred stock for $12,000 cash. \\ Jun. 11 & Feceivedequipmentwithamarketvalueof$74,000inexchangefor6,000sharesofthe$3parvaluecommonslock. \\ \hline \end{tabular} ary joumal entries.) Cheap Quality Fumiture, Inc. completed the following treasury stock transactions in 2024: (Click the icon to view the transactions.) Requirements 1. Journalize these transactions. Explanations are not required. 2. How will Cheap Quality Fumiture, Inc. report treasury stock on its balance sheet as of December 31, 2024? Requirement 1. Journalize these transactions. (Record debils first, then credits. Excludo explanations from any journal antries.) Dec. 1: Purchased 1,800 shares of the company's $1 par value common stock as treasury stock, paying cash of $8 per share