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help me review ch. 11 ws 1. On July 1, 2016 Johnson Company issued 8,000 shares of $S common stock in exchange for land worth

help me review ch. 11 ws
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1. On July 1, 2016 Johnson Company issued 8,000 shares of $S common stock in exchange for land worth $50,000. Write the journal entry to record the issuance of this stock. 2. On September 1, 2016 Johnson Company issued 1,000 shares of $100 par, 8% cumulative preferred stock for $125,000 cash. Write the journal entry to record the issuance of this stock. 3. On October 1, 2016 Johnson Company purchased 3,000 shares of its own stock for $10 per share. Write the journal entry to record this transaction 4. On October 25, 2016 Johnson Company sold 2000 shares of treasury stock for $12 per share. Write the journal entry to record this transaction. 5. On October 31, 2016 Johnson Company sold the remaining shares of treasury stock for $6 per share. Write the journal entry to record this transaction. 6. Johnson Company paid the following dividends $ 0 5,000 $25,000 December 20, 2016 December 20, 2017 December 20, 2018 Calculate the amount of dividends paid to preferred stockholders and common stockholders each year. Be sure to keep track of dividends in arrears

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