Entries for selected corporate transactions Instructions Chart of Accounts Journal Instructions Journal Shaded cells have feedback. DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES Treasury Stock EQUITY 1,159,200.00 Cash 1,159,200.00 Cash Dividends 192,372.00 Cash Dividends Payable 192,372.00 Cash Dividends Payable 192,372.00 Cash 192,372.00 1 Cash 957,000.00 Treasury Stock 812,000.00 Paid-In Capital from Sale of Treasury Stock 145,000.00 Cash Dividends 192,372.00 1 Cash Dividends Payable 192,372.00 Stock Dividends 798,552.00 Journal Shaded cells have feedback Cash Dividends 192,372.00 Cash Dividends Payable 192,372.00 Stock Dividends 798,552.00 1 Stock Dividends Distributable 244,002.00 1 Paid-in Capital in Excess of Par-Common Stock 554,550.00 1 > Cash Dividends Payable 192,372.00 Cash 192,372.00 1 > Stock Dividends Distributable 244,002.00 1 Common Stock 244,002.00 Points: 40.48 / 44 Instructions x Jan Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split there were 1,150,500 common shares outstanding. Purchased 41,400 shares of the corporation's own common stock at $28. recording the stock at cost Mar 10 30 Declared semiannual dividends of S0.80 on 74 100 shares of preferred stock and S0.12 on the common stock to stockholders of record on May 15 payable on June 15. June 15 Paid the cash dividends. Aug ) Oct 15 Sold 29,000 shares of treasury stock at $33 receiving cash Declared semiannual dividends of S0.80 on the preferred stoc and So. 12 on the common stock before the stock dividend) In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $38. The dividend date of record is November 15 payable on December 19 Paid the cash dividends and issued the certificates for the common stock dividend 19 Required: Joumelze the transections no entry is required simply so to the next transaction refer to the chart of accounts for the exact