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A company designs and produces a line ot gotl equpenent and gor apparei, ine company...

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Accounting

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A company designs and produces a line ot gotl equpenent and gor apparei, ine company has wouvo shaves of cormich stoce outstanding as of the beginning of Year 1 . The company has the following transactions affecting stockholder' equity in Year 1 . Mareh 1 Tanuse 35; ped additiosal shares of th par value eomon stock for the per tharn. May 20 Turchanns 5,400 ahares at treawury wtock fer Sss per ahwre, not paid on treanury wtoek.) Toly 1 Toya the ceah Alvidend Seelared on Junn 1. Recuired: Rencord each of these transactions. (Af no entry is required for a particular transactionlevent, select "No Joomal Entry Alequlred" in the first account field.) Journal entry worksheet 345 Pecord the issuance of 59,000 adeitional shares of $1 par vatue cominon stock: for $56 per share

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