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Deck company formed on January 1, 2016 when it issued 300,000 shares of $3 par value common stock for %15 per share. The following additional

Deck company formed on January 1, 2016 when it issued 300,000 shares of $3 par value common stock for %15 per share. The following additional transactions occurred during 2017:

January 9

Issued 30,000 shares of $100 par value, cumulative preferred stock At $105 per share

February 15

Reacquired 5,000 common shares for treasury at $20 per share

Mar 20

Declared the full cash dividend on the preferred stock and $.05 per share on the outstanding common shares

April 4

Paid the previously declared dividends

April 21

Sold 5,000 treasury shares at $25 per share

June 16

Declared and issued a 2% common stock dividend. The market value of stock was $13 per share

November 11

Reacquired 20,000 common shares for treasury at $11 per share

Prepare the general journal entries for all of the above transactions.

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