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Teal Mountain Corporation is authorized to issue 990,000 shares of $1 par value common stock. During 2025 , the company has the following stock transactions.

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Teal Mountain Corporation is authorized to issue 990,000 shares of $1 par value common stock. During 2025 , the company has the following stock transactions. Jan. 15 issued 693.000 shares of stock at $7 per share. Sept. 5 Purchased 19.800 shares of common stock for the treasury at $8 per share. Dec. 6 Declared a \$0.50 per share dividend to stockholders of record on December 20, 2025, payable January 3, 2026. Journalize the transactions for Teal Mountain Corporation. (Credit occount tities are automatically indented when the amount is entent. Do not indent manuolly. Record journal eptries in the order presented in the problem. If no entry is recquired, select "No Entry' for the account tities and enter ofor the amounts. List a th bit entries before cradit entries)

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