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A company has two classes of stock authorized: 9%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during Year 1, its first year of operations: January 2 Issues 100,000 shares of common stock for $16 per share. February 6 Issues 1,100 shares of 9 preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for $21 per share. December 15 Resells 5,500 shares of treasury stock at $26 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 Journal entry worksheet 1 2 3 4 Record the issuance of 100,000 shares of common stock for $16 per share. Note: Enter debits before credits Date General Journal Debit Credit January 02 View transaction list 1 Record the issuance of 100,000 shares of common stock for $16 per share. share. 2 Record the issuance of 1,100 shares of 9% preferred stock for $11 per share. 3 Record the purchase of 11,000 shares of its own common stock for $21 per share. 4 Record the resale of 5,500 shares. Credit Note : - journal entry has been entered