Conprehensive

included in the December 31, 2012, Jacobi Company balance sheet was the following shareholders's equity section:

Contributed Capital: $200,000

Additional paid-in capital on perferred stock 12,000 $212,000

common stock, $5 par $150,000

Additional paid-in capital on common stock 240,000 $390,000

Total contributed capital $602,000

retained earnings 627,000

Accumulated other comprehensive (loss)

Unrealized decrease in value of available -for sale securities (41,000)

Total contributed capital, retained earnings, and accumulated other comprehensive income $1,188,000

Less: Treasury stock (1,000 shares of common stock at cost, acquired on 1/3/2012 (20,000)

Total Shareholder's equity $1,168,000

Jan. 4 Paid the semiannual dividend on the outstanding preferred stock and a $1.60 per share annual dividend on the outstanding common stock. These dividends had been declared on December 1, 2012.

5 Issued 500 shares of preferred stock at $110 per share

22 Issued 4,000 shares of common stock at $23 per share

April 2 Reissued 700 shares of treasury stock at $24 per share

May 14 declared a 10% stock dividend on the outstanding common stock, payable on June 29. The common stock is currently selling for $25 per share.

July 5 Paid the cash dividend declared on May 14.

20 Split the common stock 2 for 1 and reduced the par value to $2.50 per share.

Aug 3 Declared a property dividend, payable to common shareholders on September 14. The dividend consists of an investment in 5,000 shares of available -for-sale Drot company common stock. The stock had been acquired at $9 per share, but has a carrying value of $6 per share. The stock is currently selling for $4 per share.

Sep 14 Paid the property dividend declared on August 3.

Dec 3 Declared the semiannual cash dividend on the outstanding preferred stock and a $0.90 per share annual dividend on the outstanding common stock.

1. Prepare journal entries to record the preceding transactions. If a memo entry is required, seclect "Memo entry" from dropdrown and leave the amount box or enter "0". For a compound transaction, if an amount box does not require an entey, leave it blank.