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Taking Flight Corporation designs and produces a line of golf equipment and golf apparel: Taking Filght has 100,000 shares of common stock outstanding as of

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Taking Flight Corporation designs and produces a line of golf equipment and golf apparel: Taking Filght has 100,000 shares of common stock outstanding as of the beginning of 2024 . Taking Flight has the following transactions affecting stockholders' equity in 2024. March 1 Issues 46,000 additional shares of $1 par value common stock for $43 per share. May 10 Purchases 4,100 shares of treasury stock for $46 per share. June 1 Declares a cash dividend of $1.85 per share to all stockholders of record on June 15. (Hint; 0ividends are not paid on treasury stock.) Juty 1 Pays the cash dividend declared on June 1. October 21 Resells 2,050 shares of treasury stock purchased on May-10 for $51 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.) Journal entry worksheet Record the issuance of 46,000 additional shares of $1 par value common stock for $43 per share. Note finter debits Defore credits

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