a Credit 3 Required information Problem 10-2A Record equity transactions and indicate the effect on the balance sheet equation (L010-2. 10-3, 10-4, 10-5) [The following information applies to the questions displayed below! Donnie Hilfiger has two classes of stock authorized: $ por preferred and $0.01 per vniue common. As of the beginning of 2021,330 shares of preferred stock and 4,300 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021 March 1 Tone 1400 shares of common stock for $45 per here 15 Purchase shares of treasury stock for 538 per share July 10 Resell 230 shares of turystok pred on May 15 for 1 per share October 15 Tewe 230 shares of preferred stock for 141 per share December 1 Declare a cash dividend on both common and preferred week of 10.0 per sheet stockholders of record on December 15. t Dividends are not paid on try to December 31 Pay the cash dividends declared on December Donnie Hilfiger has the following beginning balances in its stockholders equity accounts on January 202. Preferred Stock. $330; Common Stock, $43. Additionat Pald-in Capital 577.500, and Retained Earnings. $3000. Net Income for the year ended December 31, 2021, is $11.400 Hay Problem 10-2A Part 1 Required: 1. 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 lit Journal entry worksheet 1 2 7 3 Record the issuance of 1.400 shares of common stock for $45 per share Note: ter det her cudits Debe Credit General Journal Date March 01, 2021 Vaa paaluma Record entry Clear entry