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The stockholders' equity section of Makoto Corporation's balance sheet at December 31, 2020, appears below: Stockholders' equity Paid-in capital Common stock, $10 par value, 400,000

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The stockholders' equity section of Makoto Corporation's balance sheet at December 31, 2020, appears below: Stockholders' equity Paid-in capital Common stock, $10 par value, 400,000 shares authorized; 250,000 issued and outstanding $2,500,000 Paid-in capital in excess of par 1,200,000 Total paid-in capital 3,700,000 Retained earnings 600,000 Total stockholders' equity $4,300,000 During 2021, the following stock transactions occurred: Jan. 18 Issued 50,000 shares of common stock at $32 per share. Aug. 20 Purchased 25,000 shares of Makoto Corporation's common stock at $26 per share to be held in the treasury. Nov. 5 Reissued 9,000 shares of treasury stock for $28 per share. Prepare the journal entries to record the above stock transactions. (Credit account titles are automatically indente entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record issuance of 50,000 shares of common stock) Prepare the journal entries to record the above stock transactions. (Credit account titles are automatically indented when the amount is entered. Do ne entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record issuance of 50,000 shares of common stock) SHOW LIST OF ACCOUNTS LINE TO TEXT LINK TO TEXY Prepare the stockholders' equity section of the balance sheet for Makoto Corporation at December 31, 2021. Assume that net income for the year was $100,000 a (Enter the account name only and do not provide the descriptive information provided in the question.) MAKOTO CORPORATION Balance Sheet (Partial) Prepare the stockholders equity section of the balance sheet for Makoto Corporation at December 31, 2021, Assume that net income for the year was $100,000 and that no dividends were declared (Enter the account name only and do not provide the descriptive information provided in the question.) MAKOTO CORPORATION Balance Sheet (Partial) Click If you would like to show Work for this questioni Open Show Work SHOW LIST OF ACCOUNTS

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