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Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 4,000 shares of no-par common stock for $14 per share. May 15 Issues 200 shares of $10 par value, 2.58 preferred stock for $11 per share. Oetober 1 Declares a cash dividend of $0.25 per share to all stockholders of record (both common and preferred) on October 15 , October 15 Date of record. oetober 31 Pays the eash dividend declared on 0etober 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.) Journal entry worksheet (2) (4) Record the issuance of 4,000 shares of no-par common stock for $14 per share. Note: Enter debits before crediss. Journal entry worksheet (4) 5 Record the issuance of 4,000 shares of no-par common stock for $14 per share. Note: Enter debits before credits. Journal entry worksheet 5 Record the issuance of 200 shares of $10 par value, preferred stock for $11 per share. Note: Enter debits before credits. Journal entry worksheet 5 Record the declaration of a cash dividend of $0.25 per share to all stockholders of record (both common and preferred) on October 15. Note: Enter debits before credits. Journal entry worksheet 1 2 3 Record payment of the cash dividend declared on October 1. Note: Enter debits before credits

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