Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2012, its first year of operations:
| January |
2 |
Issues 100,000 shares of common stock for $25 per share. |
| February |
6 |
Issues 2,000 shares of 8% preferred stock for $12 per share. |
| September |
10 |
Repurchases 10,000 shares of its own common stock for $30 per share. |
| December |
15 |
Reissues 5,000 shares of treasury stock at $35 per share.
Required: record each of these transaction
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