Homework: Ch 14 Corporations: Retained Earnings and the Inco Ravneet Kaur & I 06/06/20 10:33 AM Save 2 of 2 (1 complete HW Score: 42 304,085 of 2 pts Score: 0 of 1 pt Problem 14-2B (similar to) RMX Corporation Inc. completed the following selected transactions during 2020 Click the icon to view the transactions) Required Record the transactions in the general journal Question Help Mar Declared a cash dividend on the 27 000 5120 preferred whares Declared a 5020 per horecash dividend on the 36.000 shares outstanding the date of record was March 15, and the payment date was Math 28 (Record debit first, then credits. Explanations are not required. Round mounts to the nearest whole dollar) Date Accounts Debit Crede M Choose from any of enter any number in the outlids and then click Check Answer ons.) mal Transactions - X _,000 $1.20 preferred nations are not reqy Journal Entry bf record was Accounts Mar. 4 Declared a cash dividend on the 27,000 $1.20 preferred shares. Declared a $0.28 per share cash dividend on the 36,000 common shares outstanding. The date of record was March 15, and the payment date was March 28. Mar. 28 Paid the cash dividends. Apr. 20 Declared a 20 percent stock dividend on the common shares to holders of record on April 29, with distribution set for May 31. The market value of the common shares was $15.50 per share May 31 Issued the stock dividend shares. Jun. 17 Repurchased 3,800 shares of the company's own common shares at $11.20 per share average issue price was $8.40 per share. Nov. 14 Issued 1,100 common shares for $10.40 per share. Print Done in the input fields and then click Check