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assets = liabilities +stockholder' equity. cash = dividend payable + paid-in capital+revenue-expense-dividend On January 1, Novak Corp. had 62,000 shares of no-par common stock issued

assets = liabilities +stockholder' equity. cash = dividend payable + paid-in capital+revenue-expense-dividend

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On January 1, Novak Corp. had 62,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 13,950 additional shares of common stock for $ 12 per share. June 15 Declared a cash dividend of $1.60 per share to stockholders of record on June 30. July 10 Paid the $1.60 cash dividend. Dec. 1 Issued 6,200 additional shares of common stock for $11 per share. Dec. 15 Declared a cash dividend on outstanding shares of $ 1 70 per share to stockholders of record on December 31. (a) Prepare a tabular summary to record the three dates that involved dividends. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced. Round answers to O decimal places, e.g. 5,276.) Assets Liabilities Stockholders' E Paid-in-Capital Cash Dividend Payable Revenue June 15 $ $ July 10 Dec. 15

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