eygadt, Accounting Principles, 12e Principles of Accounting 12e (ACc 171 On January 1,Gul Corporation had 93,000 shares of no-par common stock issued and r1 Issued 24,500 addibional shares of common stock for $16 per share une 15 Declared a cash dividend of $1 per share to stockholders of record on June 30 uly 10 Paid the $1 cash dividend. Dec. 1 Issued e outstanding. The stock has a stated valiun of $5 per share. During the yr, the folowing occurred ssued 3,000 additional shares of common stock for $18 per share acash drvidend on outstanding shares of $3.40 per share to stockhoilders of record on December 32. to recoend these transactions. (ar no entry is required, select "No entry" for the eccoust ieles and Credit aocount tites are au omount is entered. o not indene amanusaily) enter O for the amounts Record journai entries in the ander presented io the Date Account Titles and Ixplanation Crodit y 10