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Exercise 10-6A Record issuance of stock and treasury stock transactions (L010-2, 10-3, 10-4) Finishing Touches...

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Exercise 10-6A Record issuance of stock and treasury stock transactions (L010-2, 10-3, 10-4) Finishing Touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 2 Issues 100,000 shares of common stock for $15 per share. February 6 Issues 1,000 shares of 74 preferred stock for $13 per share. September 10 Purchases 12,000 shares of its own common stock for $20 per share. December 15 Resells 6,000 shares of treasury stock at $25 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

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