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1) On January 1, Wildhorse Co had 60,000 shares of no por common stock issued and outstanding the stock has a stated Value of $4
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On January 1, Wildhorse Co had 60,000 shares of no por common stock issued and outstanding the stock has a stated Value of $4 per share During the year, the following transactions occurred Apr 1 June 15 July 10 Issued 9,400 additional shares of common stock for $11 per share, Declared a cash dividend of $1.60 per share to stockholders of record on June 30, Pald the $1.60 cash dividend. Issued 4,200 additional shares of common stock for $13 per share. Declared a cash dividend on outstanding shares of $1.70 per share to stockholders of record on December 31 Dec 1 15 (a) Prepare the entries, if any, on each of the three dates that involved dividends. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and explanation Debit Credit > e Tectbook and Media Step by Step Solution
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