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I need help filing out in this problem (show work please) On January 1, Indigo Corporation had 63,000 shares of no-par common stock issued and
I need help filing out in this problem (show work please)
On January 1, Indigo Corporation had 63,000 shares of no-par common stock issued and outstanding the stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 18,450 additional shares of common stock for $ 13 per share. June 15 Declared a cash dividend of $ 150 per share to stockholders of record on June 30. Paid the $ 1.50 cash dividend. Issued 8,200 additional shares of common stock for $ 13 per share Declared a cash dividend on outstanding shares of $ 1.90 per share to stockholders of record on December 31. July 10 Dec 1 Dec. 15 (a) Prepare the entries, if any, on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Accoun) Titles and Explanation Debit Credit Apr, 1 June 15 July 10 Step by Step Solution
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