Business, 01.12.2021 21:20 zoeycrew

March 1 Issues 46,000 additional shares of $1 par value common stock for $43 per share. May 10 Purchases 4,100 shares of treasury stock for $46 per share.
June 1 Declares a cash dividend of $1.05 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.)
July 1 Pays the cash dividend declared on June 1.
October 21 Resells 2,050 shares of treasury stock purchased on May 10 for $51 per share

Required:
Record each of these transactions.

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March 1 Issues 46,000 additional shares of $1 par value common stock for $43 per share. May 10 Pur...

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