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Italian Stallion has the following transactions during the year related to stockholders' equity February 1...

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Accounting

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Italian Stallion has the following transactions during the year related to stockholders' equity February 1 Issues 5,600 shares of no-par comon stock for $15 per share. May 15 Issues 400 shares of $10 par value, 10.5% preferred stock for $12 per share. October 1 Declares a cash dividend of $1.05 per share to all stockholders of record (both common and preferred) on October 15. October 15 Date of record. October 31 Pays the cash dividend declared on October 1. 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 5 Record the issuance of 5,600 shares of no-par common stock for $15 per share. Note: Enter debits before credits General Journal Debit Credit Date February 01 Record entry Clear entry View general urmal

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