Journal entries

Current Attempt in Progress The articles of incorporation of Curtis Airlines Co. authorized 5 million common shares. The 2.450.000 common shares. However, over the years the company had repurchased and canbelied 730 000 common shares. The board declared a 10.50 cash dividend on January 1 and July 1. The date of record for the dividends is the 1 5thi of the worth, and the shares trade es dividend on the 13th, The dividends are paid on the last day of the month in which they were declared The board of directors also declared a 5% stock dividend on October 31, and the market price on the date of declaration was $ 12.60 per share. The stock dividend was distributed on the date of declaration Prepare all of the journal entries required to record the above transactions, (Credit account titles are automatically indented when the amount is entered. Do not indent manually, If no entry is required, select "Nie Entry" for the account titles and enter 0 for the amounts.)