Jackson State had the following transactions for the year ended 2013. During the year, Jackson had 1,000 shares of $1 par value common stock issued and outstanding and 2000 shares of $10 par value preferred stock.

Transactions during the year are listed below

Transaction 3/1 Sold 5,000 shares of no par common stock for $20 per share.

4/20 Sold 2,000 shares of $10 par value preferred stock for $40 per share.

6/25 Reacquired 2000 shares of stock for $25 per share.

7/30 Reissued 450 shares at $30 per share.

10/31 Declared a cash dividend of 2.00 per share to common and preferred stock holders as of 11/15.

12/10 Paid the cash dividend Journalize the transactions listed above.

Journalize the transactions listed above

by

Date Description debit credit