f.Declared cashdividendsof $0.40 per share onpreferred stockand $0.03 per share on common stock.

Cash dividends

NEED ANSWER

Cash dividends payable

NEED ANSWER

g.Paid thecash dividends.

Cash deividends payable

NEED ANSWER

cash

NEED ANSWER

Selected Stock Transactions The following selected accounts appear in the ledger of Orion Inc. on February 1, 2014, the beginning of the current fiscal year: During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: Journalize the entries to record the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Required: Hide a. Issued 360,000 shares of common stock at $22, receiving cash. Cash Common stock Paid in capital in excess of par common stock 7920000 b. Issued 14,000 shares of preferred 1% stock at $43. Cash 602000 Preferred stock Paid in capital in excess of par preferred stock 4320000 3600000 560000 42000 c. Purchased 66,000 shares of treasury common for $18 per share. Treasury stock 1188000 Cash 1188000 d. Sold 51,000 shares of treasury common for $21 per share. Cash 1071000 Treasury stock Paid in capital from sale of treasurary stock 918000 153000 e. Sold 10,000 shares of treasury common for $16 per share. Cash Paid in capital from sale of treasure stock Treasury stock 160000 20000 180000 f. Declared cash dividends of $0.40 per share on preferred stock and $0.03 per share on common stock. Cash dividends NEED ANSWER Cash dividends payable NEED ANSWER g. Paid the cash dividends. Cash deividends payable NEED ANSWER cash NEED