. For this question, you will need to do the following Download the attached document Journal - Question 16.xlsx a and save to your computer, Complete the problem on your computer. Once completed you will need to upload the document back to Canvas. Question 16 - Journalize the following transactions On January 1, 2019, CD Audio and Video Inc. issues 20,000 shares of $8 par value common stock for $10. On January 15, 2019, the company issues 5,000 shares of preferred stock 2% stock. $100 par value for $125. On October 1, 2019 declare a dividend of $30,000. December 15, 2019. Journalize the payment of dividends on December 15 . On December 20, 2019. CD Corporation re-acquires 5.000 shares of common stock for $15. On January 15, 2020. 2.000 shares of the re-acquired stock were sold $17. D3 D E A B C JOURNAL - Question 16 1 POST REF DESCRIPTION DEBIT C DATE 3 4 5 2 3 6 7 4 00 5 6 7 8 9 10 11 12 13 14 15 16 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 35 Sheet1 Sheet1 READY Type here to search