(7.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec 31, 2020: - Common stock, $20 par, 100,000 shares authorized, 30,000 shares issued and outstanding $ 600,000 - Paid in Capital in Excess of Par Value, Common Stock 400,000 - Retained Earnings 1,000,000 The following transactions occurred during 2021: 1. Feb. 20. Purchased 4,000 of its own shares for $ 30 per share 2. March 10: Declared a 51 per share cash dividend on the outstanding common stock 3. Apel OZ: Paid the cash dividends declared early in March 10. 4.May 20: Sold all treasury shares for $32 cach 5.Oct 1: Declared 10% stock dividends on the outstanding common stock for the record of Nov 1 aid to be distributed on Dec. 10. The market value of stock on a 1 was 528 per share 0.Dec. 10: Distributed the shares which declared on Oct. 1 7. Dec. 26: Implemented a 2.for. 1 stock spit, when the market value of stock was $26 per share NOTE: If there is no entry please write: "NO ENTRY Required. Prepare Journal entries to record transactions that occurred during 2021 CLEARLY INDICATE THE DEUTS & CREDITS Sample on January 2020 XYZ Company pays $10.000 cash to purchase land Answer 17.2020 Dr. Land 10,000 Cr. Cash 10,000 For the toolbar, press ALT.F10 (PC) or ALTHEN+F10 (MSC) BIS Paragraph Arial 1001 HEE 2T. * O QFT A