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Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $135,000 on a corporation's common stock are January

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Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $135,000 on a corporation's common stock are January 12, March 13, and April 12. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 35,000 shares of common stock outstanding, declared a 3 -for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $270 per share before the stock split, what would be an approximate market price per shar after the split? \$ per share Issuing Stock for Assets Other Than Cash On April 5, Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 30,000 shares of 580 par common stock valued at $112 per share. Journalize the entry to record the transaction. If an amount box does not require an entry, leave it blank. PickApart Arts, Inc., had earnings of $565,300 for the year. The company had 55,000 shares of common stock outstanding during the year and issued 23,000 shares of $50 par value preferred stock. The preferred stock has a dividend of $2.10 per share. There were no transactions in elther common or preferred stock during the year. Determine the basic earnings per share for PickApart Arts for the year. Round answer to two decimal places. s per share On October 31, Pidgeon Stones Inc, a marble contractor, issued for cash 320,000 shares of $5 par common stock at $12, and on November 19, It issued for cash 45,000 shares of preferred stock, $60 par at $72. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19

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