Issuing Stock for Assets Other Than Cash On April 5, Fenning Corporation, a wholesaler of hydraulic lits, acquired land in exchange for 30,000 shares of $80 par common stock valued at $112 per share. Journalize the entry to record the transaction. For a compound transaction, if an amount box does not require an entry, leave it blank. Apr. 5 Me Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $135,00 on a corporation's common stock are January 13, and April 12. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. 12,M Jan. 12 Mar. 13 - Apr. 12