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During 2024, Flint Corporation reported the following selected transactions: Jan. 1 Issued an initial 29,500 common shares at $10 per share. June 15 Issued 4,000
During 2024, Flint Corporation reported the following selected transactions: Jan. 1 Issued an initial 29,500 common shares at $10 per share. June 15 Issued 4,000 common shares at $20 per share in exchange for equipment valued at $39,500. Sept. 30 The board of directors declared a 10% common stock dividend. The market price of the common shares on this da $10 per share. Oct. 10 The 10% common stock dividend was distributed. Nov. 30 The board of directors declared a cash dividend of $0.22 per share to shareholders of record on December 15, pay on December 20.
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