Entre for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current care as follow Journalue the transactions. If he entry is required, select 'No Entry Required from the drodow box and leave not boxes amount or does not reachank Jan. 5. Split the common stock for 1 and reduced the par from 5 to $15 pur share. After the spilt, there were 725.000 has standing Data Account Deba Creta to Entry Required 5 No Entry Required 0 Mar. 10. Purchased 58.000 shares of the corporation own common stock at $20conding the cat.com Date Account Debit Credit Thury Stoo 10 Cash Apr 30, bedared semiannual dividends of $2.500 35,000 shares of preferred to 10.16 on the common stock to take conto 15 payable on Date Account Dehit Credit AC Cash Ovidi Cash Dividends are June 15. Puld the cand HIT SLA UViend was declared on the common STOCK OUT TRG Value of the commentato Date Account Debit Credit Oct. 15. Stock Dividends Stock Dividends Distributable Pald-In Capital in Excess of Par-Common Stock Dec. 19. Paid the cash dividends. Date Account Debit Credit Dec. 19. Cash Dividends Payable Cash Dec. 19. Issued the certificates for the common stock dividend. Date Account Debit Credit Dec. 31. Stock Dividends Distributable Common Stock Feedback Check My Work Review the effect of stock splits on equity accounts. The purchase of treasury stock is typically recorded using the cost method. When the company resells shares of treasury stock pay attention to shares. June 15. Paid the cash dividends. Date Account Debit Credit June 15. Cash Dividends Payable Cash Aug. 20. Sold 42,000 shares of treasury stock at $28, receiving cash Date Account Debit Credit Aug 20. Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock Oct. 15. Declared semiannual dividends of $2.50 on the preferred stock and 50.22 on the common stock (before the stock dividend) Date Account Debit Credit Oct. 15. Cash Dividends Cash Dividends Payable Oct. 15. A 25. common stock dividend was declared on the common stock outstanding. The tale market value of the contenon stock is estimated at $30. Date Account Debit Credit Oct. 15. Stock Dividends - Stock Dividends Distributable Paid-in Capital in Eccess of Par Common Stock