Homework: Chapter 13 - GRADED Problems Score: 0 of 8 pts P13-42A (similar to) Cleartion Manufacturing Co. completed the following transactions during 2018 Oick the icon to view the radio) 3 of 40 complete Save HW Score: 0%, 0 of 30 pts Question Help Read thes Requirement 1. Record the transections in Carbom's general journal Recont debits first, then ords Select the explanation on the last less of the joumal entry table. If no entry is requred, select "No entry required on the first time of the Accounts and Expranation cum and leave the remaining calls blank) Jan. 18: Declared a cash dividend on the 4%, 596 par noncumulative preferred stock (1,200 shares outstanding). Declared a $0.20 per share dividend on the 90,000 shares of $6 par value common stock outstanding. The date of record is January 31, and the payment date is February 15 Date Jan. 10 Choose from am parte remaining Accounts and Explanation Requirements Debit Crede 1. Record the transactions in Clearton's general joumal 2. Prepare the Onabon's stockholders equity section of the balance sheet as of December 31, 2018. Assume that Clearton was author 2.500 shares of preferred stock and 400,000 shares of common stock. Both preferred stock and common stock were issued at par. The ending balance of retained earings as of December 31, 2018, $1,000,000 Print Done Clear A More info Declared a cash dividend on the 4%, 595 per noncumulative prefered stack (1,200) shares outstanding) Dedared a $0.20 per share dividend on the 90,000 shares of $6 par value common stock outstanding. The date of record is January 31, and the payment dels is February 15 Jan 16 Feb 15 Paid the cash dividends Jun 10 Jul 30 Aug. 15 Oct 26 Nov Solt common Mock 2-for-1 Declared a 40% Mock divident on the common stock, The market value of the common stock was 10 per share Distributed the stock dividend Purchased 1,000 shares of treasury stock at $10 Sold 800 shares of treasury stock for $12 per share Nov. 30 Sold 700 shares of treasury stock for $7 per shar Priet Done Check Awar