Diane's Designs has two classes of stock authorized: 7%, $10 par value preferred and $1 par...

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Diane's Designs has two classes of stock authorized: 7%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 1 Issue 100,000 shares of common stock for $15 per share. February 6 Issue 1,100 shares of preferred stock for $13 per share. October 10 Purchase 8,000 shares of its own common stock for $16 per share. November 12 Resell 6,000 shares of treasury stock at $24 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.) View transaction list Journal entry worksheet 1 2 3 4 Record the issuance of 100,000 shares of common stock for $15 per share. Note: Enter debits before credits. Date January 01 General Journal Debit Credit Diane's Designs has two classes of stock authorized: 7%, $10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 1 Issue 100,000 shares of common stock for $15 per share. February 6 Issue 1,100 shares of preferred stock for $13 per share. October 10 Purchase 8,000 shares of its own common stock for $16 per share. November 12 Resell 6,000 shares of treasury stock at $24 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.) View transaction list Journal entry worksheet 1 2 3 4 Record the issuance of 100,000 shares of common stock for $15 per share. Note: Enter debits before credits. Date January 01 General Journal Debit Credit