Question: TB EX Qu . 1 0 - 1 6 2 ( Algo ) Diane's Designs has two classes of stock... Diane's Designs has two classes

TB EX Qu.10-162(Algo) Diane's Designs has two classes of stock...
Diane's Designs has two classes of stock authorized: 7%,$10 par value preferred and $1 par value common. The following transact affect stockholders' equity during 2024, its first year of operations:
January 1 Issue 300,000 shares of common stock for $13 per share.
February 6 Issue 900 shares of preferred stock for $13 per share.
October 10 Purchase 10,000 shares of its own common stock for $17 per share.
November 12 Resell 4,000 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" ir the first account field)
\table[[No,Date,General Journal,Debit,Credit],[1,January 01,Cash,3,900,000,],[,,Common Stock,,],[,Additional Paid-in Capital,,,],[,,,,],[,,,,]]M
 TB EX Qu.10-162(Algo) Diane's Designs has two classes of stock... Diane's

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