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a . Declared a $ 0 . 4 0 per - share cash dividend on March 1 0 . b . Paid the $ 0

a. Declared a $0.40 per-share cash dividend on March 10.
b. Paid the $0.40 per-share dividend on April 10.
c. Repurchased 8,000 common shares at a cost of $24 each on May 2.
d. Sold 3,000 unissued common shares for $26 per share on June 9.
e. Declared a $0.55 per-share cash dividend on August 10.
f. Paid the $0.55 per-share dividend on September 10.
g. Declared and paid a 10% stock dividend on October 15 when the market price of the common stock was $28 per share.
h. Declared a $0.60 per-share cash dividend on November 10.
i. Paid the $0,60 per-share dividend on December 10.
Required:
Prepare journal entries for each of these transactions. If an amount box does not require an entry, leave it blank. Round your answers to the nearest dollar.
Determine the total dollar amount of dividends (cash and stock) for the year.
Conceptual Connection: Determine the effect on total assets and total stockholders' equity of the dividend transactions.
Note the following:
If applicable, select the dividend transaction effect (e.g. "Affects assets", "Affects stockholders' equity", "No effect" or "Not a dividend transaction").
Enter decreases in assets or equity as negative numbers.
If a cell does not require an answer, leave it blank.
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