Journal entries for dividends. Give journal entries, if required, for the following transactions, which are unrelated unless otherwise specified:

a. A firm declares the regular quarterly dividend on its 10 percent. $100-par value preferred stock. There are 10.000 shares authorized and 8.000 shares issued, of which the firm has previously reacquired 1.600 shares, which it holds in the treasury.

b. The firm pays the dividend on the preferred stock in part a.

c. A company declares and issues a stock dividend of $250,000 of no-par common stock to its common shareholders.

d. The shares of no-par stock of a corporation sell on the market for $300 a share.

To bring the market value down to a more popular price and thereby broaden the dislribulion of its stockholdings, the board ol' ilireclors siUcs to issue four extra shares lo shareholders for each share Ihey already hold. The corporation issues the shares.