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Finishing touches nas two classes OT STOCK autorizea: 7%, >lu par prererrea, ana > par...

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Accounting

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Finishing touches nas two classes OT STOCK autorizea: 7%, >lu par prererrea, ana > par value common. ine Tollowing transactions affect stockholders' equity during 2021, its first year of operations: January 2 Issues 100,000 shares of common stock for $18 per share. February 6 Issues 1,300 shares of 78 preferred stock for $13 per share. September 10 Purchases 12,000 shares of its own common stock for $23 per share. December 15 Resells 6,000 shares of treasury stock at $28 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 2 3 4 Record the issuance of 100,000 shares of common stock for $18 per share. Note: Enter debits before credits General Journal Debit Credit Date January 02, 2021 Record entry Clear entry View general journal

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