posted by siyao on .
Finishing Touches has two classes of stock authorized: 8%, $10 par preferred and $1 par value common. The following transactions affect stockholders' equity during 2010, its first year of operations:
January 2 Issue 100,000 shares of common stock for $25 per share.
February 6 Issue 2,000 shares of 8% preferred stock for $12 per share.
September 10 Repurchase 10,000 shares of its own common stock for $30 per share.
December 15 Reissue 5,000 shares of treasury stock at $35 per share.
find the preffered stock on Feb 6 and the treasury stock on Dec 15