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Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 5 0 0 , 0 0 0 shares of $ 1 0
Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue shares of $ par value preferred stock. It is also authorized to issue shares of $ par value common stock. It has issued only of the common shares and none of the preferred shares. In its seventh year, the corporation has the following transactions:
tableMarDeclares a cash dividend of $ per shareMarPays the cash dividendJultableDeclares a property dividend of ton of limestone per share when the priceof limestone is $ per ton
Journalize these transactions.
Mar.
Mar
Jul.
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