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all 4 journal entries with explanations! T8 EX Qu. 10-162...

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Accounting

all 4 journal entries with explanations!
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T8 EX Qu. 10-162 Diane's Designs has two classes of stock... Dlane's Designs has two classes of stock outhorized: 8%. $10 par value preferred and $1 por value common. The following transactions affect stockholders' equity during 2021. its first year of operations: January Tenue 300,000 whares of common stock for $15 per share, rebruary 6 Tosue 800 shares of preferred stock for $13 per share October 10 Purchase 10,000 shares of its own common stock for $17 per share. November 12 Resell 5.000 shares of treasury stock at $20 per sbare. 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 at Journal entry worksheet 1 2 3 Record the issuance of 300,000 shares of common stock for $15 per share. Note: Enter debits before credits Dato General Journal Debit Credit Jan 01, 2021

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