Taking Flight Corporation designs and produces a line of golf equipment and golf apparel. Taking Flight 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 May 10 June 1 Issues 58,000 additional shares of $1 par value common stock for $55 per share. Purchases 5,300 shares of treasury stock for $58 per share. Declares a cash dividend of $1.65 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,650 shares of treasury stock purchased on May 10 for $63 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.) View transaction list

Taking Flight Corporation designs and produces a line of golf equipment and golf apparel. Taking Flight has 100,000 shares of common stock outstanding os of the beginning of 2024 . Taking Filght has the following transactions affecting stockholders' equity in 2024. March 1 Issues 58,600 additional shares of 51 par value comon stock for $55 per share. Thy 10 Purchases 3,300 shares of treasury stock for $58 pen share. June 1 Declares a cash dividend of $1.65 per share to all stockholders of record on June 15. (Hint: Dividends are not puid on treasury stock.) July 1 pays the cash dividend declared on June 1. October 21 Rese11s 2,65 e shares of treasury stock purchased on May 10 for $63 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 58,000 additional shares of $1 par value common stock for 555 per share. Fioter Frituri detuits before caditss