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this is an Accounting question not probability and statistics Italian Stallion has the following...

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Accounting

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this is an Accounting question not probability and statistics
Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 5,600 shares of no-par common stock for $15 per share. May 15 Issues 400 shares of $10 par value, 10.58 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 Debit Credit General Journal Date February 01

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