Jan. $5$ Split the common stock $3$ for $1$ and roduoed the par from $$75$ to $$25$ per share. After the spit, there

were $1,201,500$ common shares outstanding

Mar. $10$ Purchased $40,200$ shares of the corporation's awn common stock at $$27,$ recording the stock at onst.

Apr. $30$ Declared semiannual dividends of $$0\mathrm{.}70$ on $70,500$ shares of preferred stock and $$0\mathrm{.}14$ on the common

stock to stockholders of record on May $15,$ payable on June $15$

June $15$ Paid the gash dividends.

Aug. $20$ Sold $31,600$ shares of treasury stock at $$33,$ receiving cash.

Oct. $15$ Declared semiannual dividends of $$0\mathrm{.}70$ on the proferred stock and $$0\mathrm{.}14$ on the comman stock $($bafore

the stack dividend$).$ In addition, a $2\%$ comman stock dividend was declared on the common stack

outstanding. The fair market value of the common stock is estimated at $$38.$ The dividend date of

record is Navember $15$ payable on Dooember $19$

Dec. $19$ Paid the cash dividends and issued the certificates for the common stock dividend.

Required:

Journalize the fransactions. If no entry is required, simply skip to the next fransaction. Refor to the chart of accounts for the exact wording of the

account titles. CNOW journals do not use lines for joumal explanations. Evary line an a journal page is used for dobit or crodit antries. CNOW

joumals will autamatically indent a credit entry when a crodit amount is antarad.

CHART OF ACCOUNTS

ATV Discount Corporation

General Ledger

REVENUE

$410$ Sales

$610$ Interest Revenue

EXPENSES

$510$ Cost of Merchandise Sold

$515$ Credit Card Expense

$520$ Salaries Expense

$531$ Advertising Expense

$532$ Delivery Expense

$633$ Seling Expenses

$534$ Rent Expense

$535$ Insurance Expense

$536$ Olfioe Supplies Expense

$537$ Organizational Expenses

$562$ Depreciation Expense$-$Equipment

$690$ Miscellaneous Expense

$710$ Interest Expense

EquITY

$311$ Common Stock

$312$ Paid$-$In Capital in Excess of Par$-$Cammon Stock

$315$ Treasury Stack

$321$ Preferred Stock

$322$ Paid$-$In Capital in Excess of Par$-$Preferred Stock

$331$ Paid$-$In Capital from Sale of Treasury Stack

$340$ Retained Earnings

$350$ Stock Dividends Distributable

$351$ Cash Dividends

$352$ Stock Dividends

Journal