Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Journalize the transactions. If no entry is required, select "No Entry Required" from the dropdown box and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 5. Split the common stock 4 for 1 and reduced the par from $40 to $10 per share. After the split, there were 460,000 common shares outstanding. Date Account Debit Credit Jan. 5. No Entry Required fill in the blank 2 fill in the blank 3 No Entry Required fill in the blank 5 fill in the blank 6 Mar. 10. Purchased 37,000 shares of the corporation's own common stock at $16, recording the stock at cost. Date Account Debit Credit Mar. 10. Treasury Stock fill in the blank 8 592,000 fill in the blank 9 Cash fill in the blank 11 fill in the blank 12 592,000 Apr. 30. Declared semiannual dividends of $2.50 on 45,000 shares of preferred stock and $0.14 on the common stock to stockholders of record on May 15, payable on June 15. Date Account Debit Credit Apr. 30. Cash Dividends fill in the blank 14 197,100 fill in the blank 15 Cash Dividends Payable fill in the blank 17 fill in the blank 18 197,100 June 15. Paid the cash dividends. Date Account Debit Credit June 15. Cash Dividends Payable fill in the blank 20 197,100 fill in the blank 21 Cash fill in the blank 23 fill in the blank 24 197,100 Aug. 20. Sold 27,000 shares of treasury stock at $22, receiving cash. Date Account Debit Credit Aug 20. Cash fill in the blank 26 594,000 fill in the blank 27 Treasury Stock fill in the blank 29 fill in the blank 30 432,000 Paid-In Capital from Sale of Treasury Stock fill in the blank 32 fill in the blank 33 162,000 Oct. 15. Declared semiannual dividends of $2.50 on the preferred stock and $0.20 on the common stock (before the stock dividend). Date Account Debit Credit Oct. 15. Cash Dividends fill in the blank 35 81,450 fill in the blank 36 Cash Dividends Payable fill in the blank 38 fill in the blank 39 81,450 Oct. 15. A 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $24. Date Account Debit Credit Oct. 15. Stock Dividends fill in the blank 41 195,480 fill in the blank 42 Stock Dividends Distributable fill in the blank 44 fill in the blank 45 81,450 Paid-In Capital in Excess of Par-Common Stock fill in the blank 47 fill in the blank 48 114,030 Dec. 19. Paid the cash dividends. Date Account Debit Credit Dec. 19. Cash Dividends Payable fill in the blank 50 81,450 fill in the blank 51 Cash fill in the blank 53 fill in the blank 54 81,450 Dec. 19. Issued the certificates for the common stock dividend. Date Account Debit Credit Dec. 31. Stock Dividends Distributable fill in the blank 56 81,450 fill in the blank 57 Common Stock fill in the blank 59 fill in the blank 60 81,450

Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Jan. 5. Split the common stock 4 for 1 and reduced the par from $40 to $10 per share. After the split, there were 460,000 common shares outstanding. Mar. 10. Purchased 37,000 shares of the corporation's own common stock at $16, recording the stock at cost. June 15. Paid the cash dividends. Aug. 20. Sold 27,000 shares of treasury stock at $22, receiving cash. Oct. 15. A 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $24. Dec. 19. Paid the cash dividends. Dec. 19. Issued the certificates for the common stock dividend