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aJournalize the following transactions of Concilio Video Productions Inc.: Issued 2,900 common shares at $18 per share. Declared and paid a cash dividend of $0.85
aJournalize the following transactions of Concilio Video Productions Inc.: Issued 2,900 common shares at $18 per share. Declared and paid a cash dividend of $0.85 per common share (12,000 common shares outstanding). Issued 1,400 common shares at $20 per share. April 19 July 22 Nov 11 What was the overall effect of these transactions on Concilio's shareholders' equity? Begin with journalizing the April 19th transaction. Issued 2,900 common shares at $18 per share. (Record debits first, then credits. Ex Date April 19 Date July 22 Next, journalize the July 22nd transaction. Declared and paid a cash dividend of $0.85 per common share (12,000 common shares outst Date Accounts November 11 80 Accounts Finally, make the journal entry for November 11th. Issued 1,400 common shares at $20 per share. Accounts Debit O OI Debit Credit Debit Credit Credit DII 8
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