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[The fotowing anfarmation apples so ste queations dopityef below) Problem 10.2E (Algo) Part 1 Required: the (-ist sccesunt field.) NoLucal hos two classes of stock

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[The fotowing anfarmation apples so ste queations dopityef below) Problem 10.2E (Algo) Part 1 Required: the (-ist sccesunt field.) NoLucal hos two classes of stock aumerized 5%0 per preferced, nfid 51 par value common. As of the begintiog ef 2024 toockholisers equity ruining 2024 . year ended December 31, 2024, si, 5.250 Problem 10-28 (Algo) Part 1 Tremulead the firm account feld? Jotirnal enitry worksheet. 6 3 . 16 Record the numance of 200 hideonal shares of preferted trod for t22 per diect. (The following information appies to ate quewtans doptyed berow) Nautical has two ciasises of theck suthortied; 510 par preferled, and 51 par value common, As of the teginning of 2024, stockholders' vetety during 2024 Farch 1 Itwa 3, 2ee astitienal shares of comon stack for 512 per whareJone 10. Pay the cash diristriss drelares an 3ne-1. yece ended Decenter 3t, 2026, is 36,750 Problem 10-2B (algo) Part 1 Recuired: the first eccount field Journal entry woricsheet Record the dedaraised of cash dividend an both coment and prelered Nautcal kas two ciastes of stock a suthorized 510 per pieferred and 51 par vilue cum-on. As tof the beginting of 2024. sisetholdent exulyy dunng 2024 aprit 1 issue 2 ase additforat sharet if preferred stock fer sis per thate. at record an June 13 . yuer ended Decemby 31.2024j=$6.250 Problem 10-26 (Algo) Part 1 Asequired the fint secesint field? Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2024 . 100 shares of preferred stock and 1,200 shares of common stock have been issued. The following transoctions affect stockholders' equity during 2024 : March I Issue 1,200 additional shares of comon stock for $12 per share. Apri1 1 Issue 200 additional shares of preferred stock for $22 per share. June 1 Declare a cash dividend on both comon and peeferred stock of 50.35 per share to a11 stoekholders of record on June 15 . June 30 Pay the cash dividends declared on June 1. August 2 . Purchase 200 shares of conhon treasury stock for $9 ther share. October 1 lledssue 100 shares of treasury stock purchased on August i for $11 per share. Noutical has the following beginning balances in its stockholders' equity accounts on January 1, 2024. Preferred 5 tock, \$1,000, Common Stock, \$1,200; Additional Paid-in Capital, \$17,700; and Retained Earning5, $9,700, Net income for the year ended December 31,2024 , is $6.750. Problem 10-2B (Algo) Part 1 Required: 1. 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 Notes Enter debits before credits. Nautical has two classes of stock outhonzed: $10 par preferred; and $1 par value comman. At of the beginning of 2024. 100 shares of preferred stock and 1,200 shares of common stock have been issued. The foliowng tramoctions affect stockholders' equity dunng 2024 Harch 1 Issue 1,200 additional shares of comen stack for 512 per share. Apell i Issue 269 additional shaces of preferred stock for $22 per share. June 1 Declare a cash dividend on both comon and preferred stock of 50.35 per shace to all storkhozders. of cecard on june 15 . Jiene 38 Pay the cash dividends declared on June 1. August 1 furchase 200 shares of comonan treasury stock for $9 per share. Octotier 1 thelssue 100 shares of treasury stock purchased on August i for $11 per share. Nautical hos the following beginning balances in its stockholdess' equity accounts on January 1, 2024: Preferred Sicck. \$1,000, Common Stock; 51,200 ; Additional Paid-in Capital, $17700; and Retained Eamings, $9,700. Net income for the year ended December 31,2024, is $6,750 Problem 10-2B (Algo) Part 1 Required: 1. Record each of these transactions. If no entry is required for a particulat transaction/event, select "No Jaurnal Entry Required" in the first account field.) Journal entry worksheet c 12345 Record the resale of 100 shares of treasury stock purchased on August 1 for $11 per share? Hates Eniaf alebite betore croditi

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