Hama Town Company had the following balance in the wholders' equity counter 31,20 Costock Spor 50 000 hesauthod.000 show din Capital Common Shock 200.000 Red 500.000 The following transactions occurred during 2020: 1. Feb 20 Fachased 2.000 of its own shares for $ 15 per share 2 March 10 Declared as per sharhived on the standing Cook 3. A OZ Pad the cash dividends declared in March 10 May 20. Sold treasury shares for $16 each 5. Oct. 1. Deckard 10% stock dividends on the outstanding common stock for the record of New and to be used on Dec. 10. The matokeo share 8. Dec 10 Distributed the shares which declared on Oct 1 Dec 25. Implemented a 2-for-1 stock split when the market value of stock was $25 per share NOTE: If there is no entry, please write: "NO ENTRY Required: Prepare Journal entries to record transactions that occurred dunng 2021 Question 1 (7.6 Grades) 33 Hamad Town Company had the following balances in the stockholders' equity accounts Dec 31, 2020 Common stock, 510 por 50.000 shares authored 30,000 shares wood and outstanding $300.000 Paid in Capital in Excess of Par Value, Common Stock - Retained Emings 200.000 500.000 The following transactions occurred during 2021 1. Eeb 20. Purchased 2,000 of its own shares for $ 15 per share 2 March 10. Declared a $1 per share cash dividend on the outstanding common stock 3. Antoz. Pad the cash dividends declared early in March 10 May 20. Sold all treasury shares for $16 euch 5. Oct 1. Declared 10% stock dividends on the outstanding common stock for the record of Nov. and to be distributed on Dec 10 The market of luck on Oct. 5 per share 6. Dec. 10. Distributed the shares which declared on Od 1 7 Dec 25. Implemented a 2 for 1 stock split, when the market value of stock was $20 per share. NOTE: If there is no entry, please write: "NO ENTRY" Required: Prepare Journal entries to record transactions that occurred during 2021