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Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current frical year are as follows Instructions: Joumalize the transactions.
Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current frical year are as follows Instructions: Joumalize the transactions. If no entry is required, select "No Entry Required" from the dropdown box and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank Jan. 5. Split the commin stock 3 for 1 and reduced the por from $120 to $40 per share. After the split, there were 345,000 common shares outstanding Cate Dan S Cash Account Debit Credit Mar. 10. Purchased 28,000 shares of the corporation's own common stock at $44, recording the stock at cost Date MA 10 Account Debit Credit Apr. 30. Declared semiannual dividend of $3.6 on 35,000 shares of preferred stock and $0.23 on the common stock to stockholders of record on May 15, payable on June 15 Date For 30 June 15. Paid the cash invidens Date June 15 Account Debit Credit Account Debit Credit Aug. 20. Sold 20,000 shares of treasury stock at $48, receiving cash Date Aug 20 Account Credit Timbil Credit Oct. 13.2% on the comment alack outstanding The far market toe of the common stock is estimated at $10 bo is Dec 18. Pte cad dividends BATH Credit Account Debit Credit Oct. 15 Account Debit Credit Dec. 19. Ped the cain dividends Date Dec 19 111 Account Delit Credit Dec. 19. Isued the certificates for the common stock dividend Date Dat 31 Account Debit Credi
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