Carlyon Company listed the following equity items on December 31, 2012

During 2013, the following transactions occurred

Required: Prepare journal entries to record the preceding transactions.

Investment in Man Company bonds Dividends payable: preferred Dividends payable: common Preferred stock, 896, $100 par Common stock, $10 par Additional paid-in capital on preferred stock Additional paid-in capital on common stock Retained eamings $25,000 4,000 40,000 100,000 400,000 20,000 210,000 270,000