TB EX Qu. 10-162 (Algo) Diane's Designs has two classes of stock... Diane's Designs has two...

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TB EX Qu. 10-162 (Algo) Diane's Designs has two classes of stock... Diane's Designs has two classes of stock authorized: 7%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 1 Issue 200,000 shares of common stock for $16 per share. February 6 Issue 800 shares of preferred stock for $13 per share. October 10 Purchase 11,000 shares of its own common stock for $13 per share.. November 12 Resell 5,000 shares of treasury stock at $22 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.) TB EX Qu. 10-162 (Algo) Diane's Designs has two classes of stock... Diane's Designs has two classes of stock authorized: 7%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 1 Issue 200,000 shares of common stock for $16 per share. February 6 Issue 800 shares of preferred stock for $13 per share. October 10 Purchase 11,000 shares of its own common stock for $13 per share.. November 12 Resell 5,000 shares of treasury stock at $22 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.)