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Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power...

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Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 200,000 shares of issued common stock and 10,000 shares of treasury stock purchased for $18 a share as of the beginning of 2018. Power Drive has the following transactions affecting stockholders' equity in 2018: March 1 Issues 25,000 additional shares of S1 par value common stock for $18 per share. May 10 Purchases an additional 6,000 shares of treasury stock for $20 per share. June 1 June 15. Record each of these transactions. [5.4 points] Cred Debit Account Date Page 13

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