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Sweet Sixteen has wo ciasses of stock authorized $10 por preterred, and $1 par value cornmon. As of the beginning of 2024,100 shores of preferred

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Sweet Sixteen has wo ciasses of stock authorized $10 por preterred, and $1 par value cornmon. As of the beginning of 2024,100 shores of preferred stock and 2900 shares of common stock have been issued. The following transactions affect stockhoiders' equity during 2024 : march 1 . Istap Zi Foe udditiony? thares of coeson stock fof 911 per thare. bute is Pay the cash dividends declared an June g. August 1 Purchase zee shared of coerst treastry istock for 5 y per share. Gctober-1 hniskee 160 wharts of creastry stock jurchated on dugut 1 for 510 per ihare. Sweet Soxteen has the following beginning balances in its stockhoiders' equity accounts on January 1, 2024: Preferted Stock, 51,000: Common Stock, $2,900, Additional Paidin Capitol $19,400, and Retained Earnings, $11,400 Net income for the year ended December 31. 2024,15$7,600 Required: 1. Record each of these transactions 2. Select whether each of the following transactions increases (+) or decreases () total assets, total habulitles, and toral stocknoiders ecuity. Complete this question by entering yuur answers in the tabs below. Recech eacb of these transactione. (If no entry ls required for a particular transaction/event, select "No joumal Entry Required" in the finst actount finldis Journal entry worksheet Mecerd the imsuance of 200 additional shares of preferred stoki for 339 per shares

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