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Taking Filght Corporotion designs and produces a line of golf equipment and golf apparel. Toking Flight has 100,000 shares of 2024 Mareh 1 Isutus 46,000

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Taking Filght Corporotion designs and produces a line of golf equipment and golf apparel. Toking Flight has 100,000 shares of 2024 Mareh 1 Isutus 46,000 additional shares of $1 pas value cooson atoek for 143 per ahare. May 10 Purchasos 4,100 ahares of treasury atock for $46 per nbare. not pasd on treanury stock.) Ootober 27 peselin 2,050 abares of tceasury wtoek purehaned on May, 10 for 551 per ahace. Reouired: 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.) Journal entry worksheet 5 Record the issuance of 46,000 additional shares of $1 par value common stock for $43 per share. Note: Enter debits before credits. Journal entry worksheet Record the purchase of 4,100 shares of treasury stock for $46 per share. Note: Enter debits before credits. Journal entry worksheet Record the declaration of a cash dividend of $1.05 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Note: Enter debits before credits. Journal entry worksheet Record payment of the cash dividend declared on June 1. Note: Enter debits before credits. Journal entry worksheet Record the resale of 2,050 shares of treasury stock purchased on May 10 for $51 per share. Note: Enter debits befone credits

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