BOOK Calculator Problem 10-SSA (Algorithmic) Common Dividends Papke Payroll Service began 2019 with 1,000,000 authorized and 213,000 issued and outstanding $10 per common shares. During 2019, Papke entered into the following transactions: Declared a 50.40 per share cash dividend on March 10. b. Paid the $0.40 per share dividend on April 10. Repurchased 8,000 common shares at a cost of $24 each on May 2. d. Sold 3.000 nissued common shares for $25 per share on June 9 e Declared a 0.55 per share cash dividend on August 10. Paid the $0.55 per share dividend on September 10. Declared and paid a 10 stock dividend on October 15 when the market price of the common stock was 28 pershane h. Declared a 10.50 per-share cash dividend on November 10. Pald the $0.50 pershare dividend on December 10 Required: 1. Prepare journal entries for each of these transactions 2019 Mar 10 (Record lability for dividends) b. Apr. 10 (Record payment of dividends) . May 2 Record purchase of truy shares) Check My Workmore Check My Works remaining All work saved Email Instructor Save and Exit Submit Alignment for Grading 8 9 Cole. MOOLE CHILD - YouTube de 9 econds ) Aug. 10 Record for vided) 4 Sept 10 (Record payment of dividends) 9 .15 Recordsma n d h. Now. 10 (Record for dividends) Dec 10 (Record payment of dividends) 2. Determine the total amount of dividends and for the year Check My Work 5 more Check My Works remaining Cosa may were una comune Previous Next > All work waved Email Instructor Save and Eat Submit Animert for Grading 90 Co. MOOLE OLD Calculator Recordement of de 2. Determine the total de amount of vidends (cash and stock for the year 3. Concept Connection the conte n to stockhol u ity of the vided transactions Note the follow 1. licab l e the dividend transaction effect te Amets vidend transaction) 2 Enter decreases in asset or equity as negative numbers 3. Ta cell does not require an answer evitar Afect stockholders equity.N et orta Transaction Effect on Assets effect on Stockholders' uity Check My Workmore Check My Work i ng Previous Next > Alle Save and submit Arsimon Grading delete BOOK Calculator Problem 10-SSA (Algorithmic) Common Dividends Papke Payroll Service began 2019 with 1,000,000 authorized and 213,000 issued and outstanding $10 per common shares. During 2019, Papke entered into the following transactions: Declared a 50.40 per share cash dividend on March 10. b. Paid the $0.40 per share dividend on April 10. Repurchased 8,000 common shares at a cost of $24 each on May 2. d. Sold 3.000 nissued common shares for $25 per share on June 9 e Declared a 0.55 per share cash dividend on August 10. Paid the $0.55 per share dividend on September 10. Declared and paid a 10 stock dividend on October 15 when the market price of the common stock was 28 pershane h. Declared a 10.50 per-share cash dividend on November 10. Pald the $0.50 pershare dividend on December 10 Required: 1. Prepare journal entries for each of these transactions 2019 Mar 10 (Record lability for dividends) b. Apr. 10 (Record payment of dividends) . May 2 Record purchase of truy shares) Check My Workmore Check My Works remaining All work saved Email Instructor Save and Exit Submit Alignment for Grading 8 9 Cole. MOOLE CHILD - YouTube de 9 econds ) Aug. 10 Record for vided) 4 Sept 10 (Record payment of dividends) 9 .15 Recordsma n d h. Now. 10 (Record for dividends) Dec 10 (Record payment of dividends) 2. Determine the total amount of dividends and for the year Check My Work 5 more Check My Works remaining Cosa may were una comune Previous Next > All work waved Email Instructor Save and Eat Submit Animert for Grading 90 Co. MOOLE OLD Calculator Recordement of de 2. Determine the total de amount of vidends (cash and stock for the year 3. Concept Connection the conte n to stockhol u ity of the vided transactions Note the follow 1. licab l e the dividend transaction effect te Amets vidend transaction) 2 Enter decreases in asset or equity as negative numbers 3. Ta cell does not require an answer evitar Afect stockholders equity.N et orta Transaction Effect on Assets effect on Stockholders' uity Check My Workmore Check My Work i ng Previous Next > Alle Save and submit Arsimon Grading delete