Help Save & Exit Submit Check my work The following information applies to the questions displayed below! Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock. 55 par value. During the first year, the company earned $460,000 of net income and declared no dividends the following selected transactions occurred in the order given: a. Issued 100,000 shares of the common stock at $61 cash per share. b. Reacquired 31,000 shares at $56 cash per share. c. Reissued 13,000 shares from treasury for $57 per share. d. Reissued 13,000 shares from treasury for $55 per share. Required: 1. Indicate the account, amount, and direction of the effect on above transaction (Enter any decreases to Assets, Liabilities and Stockholders' Equity with a minus sign.) Assets Liabilities Stockholden' Equity a POP d d. View transaction list Journal entry worksheet 5 2 3 4 > Record the Issuance of 100,000 shares of common stock with a $5 par value for a price of $61 per share, Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet