Chrome File Edit View History Bookmarks Profiles Tabl Window Help Ellucian Degree x Question 2 Ch x Class 4 Notes.cx GMT20210926 x Tue Dec 13 11:40 PM GMT20210324 x Question 2 Ch x G Maple Forest Cox Expert Q&A | C x + Update ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... Chapter 10 Homework Saved Help Save & Exit Submit 2 Maple Forest Corporation designs and produces a line of golf equipment and golf apparel. Maple Forest has 100,000 shares of common stock outstanding as of the beginning of 2024. Maple Forest has the following transactions affecting stockholders' equity in 2024. 20 points March 1 May 10 Skipped June 1 July 1 cBook Hint Print Issues 63,000 additional shares of $1 par value common stock for $60 per share. Purchases 5,800 shares of treasury stock for $63 per share. Declares a cash dividend of $1.90 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Pays the cash dividend declared on June 1. October 21 Resells 2,900 shares of treasury stock purchased on May 10 for $68 per share. 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.) References Mc Graw Hill View transaction list Journal entry worksheet > 1 2 3 4 5 Record the issuance of 63,000 additional shares of $1 par value common stock for $60 per share. Note: Enter debits before credits. 38 < Prev 2 of 5 Next > W 4,829 Check my work