common stock

Solve A-D

(20 Points) At the beginning of 2018, Spacex Co outstanding and it had 180,000 par, 8%, cumulative pr year, the company had the following transaction. mpany had 100,000 shares of $10 par Common Stock shares of $2 A. Issued 30,000 shares of common stock at $15 per share entry B. Repurchased 50,000 shares of common stock at $12 per share in May. Record the journal entry C. Issued 20,000 shares of preferred stock at $5 in June. Record the journal entry board declared and paid a cash dividend of $50,000. How much cash dividend did th preferred shareholders receive in 2017 and how much will they receive in 2018. D. In 2017, the board declared and paid a cash dividend of $20,000. In July of this year t E. In August, the company reissued 40,000 shares of common stock at $14 per share Record the journal entry. F. In October, the board declared a 2:1 stock split on its common stock outstanding the split, what is the par value of each share of common stock and how many sh are outstanding