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can you please do these two questions! On January 1, Cheyenne Corp. had 61,400 shares of no-par common stock issued and outstanding. The stock has
can you please do these two questions!
On January 1, Cheyenne Corp. had 61,400 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 11,250 additional shares of common stock for $11 per share. June 15 Declared a cash dividend of $1.90 per share to stockholders of record on June 30. July 10 Paid the $1.90 cash dividend. Dec. 1 Issued 5,000 additional shares of common stock for $12 per share. Dec. 15. Declared a cash dividend on outstanding shares of $2.00 per share to stockholders of record on December 31. (a) Prepare the entries on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List all debit entries before credit entries.) Prepare the entries on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. List all debit entries before credit entries.) Bramble Corp. had the following transactions during the current period. Mar. 2 Issued 5,200 shares of $5 par value common stock to attorneys in payment of a bill for $31,200 for services performed in helping the company to incorporate. June 12 Issued 53,500 sharks of $5 par value common stock for cash of $334,375. July 11 Issued 1,500 shares of $100 par value preferred stock for cash at $111 per share. Nov, 28 Purchased 2,000 shares of treasury stock for $80.000 Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, sefect "No Entry" for the account tilles and enter ofor the amounts.) Date Account Titles and Explanation Debit Credit Step by Step Solution
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