During 2017, Sedgwick Corporation had the following transactions and events.

1. Declared a cash dividend.

2. Issued par value common stock for cash below par value.

3. Completed a 2-for-1 stock split in which $10 par value stock was changed to $5 par value stock.

4. Declared a small stock dividend when the market value was higher than par value.

5. Made a prior period adjustment for understatement of net income.

6. Issued the shares of common stock required by the stock dividend declaration in item no. 4 above.

7. Paid the cash dividend in item no. 1 above.

8. Issued par value common stock for cash above par value

Instructions: Prepare the entries.