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Kick Box Sports, Inc., completed the following selected transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Record the transactions in
Kick Box Sports, Inc., completed the following selected transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Record the transactions in the journal. (Record debits first, then credits. Exclude explanations from any journal entries. If no journal entry is required, select "No entry required" on the first line of the Accounts column and leave all other cells blank.) Jan 6: Declared a cash dividend on the 13,000 shares of $4, no-par preferred stock outstanding. Declared a $0.10 per share dividend on the 12,000 shares of common stock outstanding. The date of record is January 17, and the payment date is January 20. Start by preparing the necssary entry on the date of declaration-January 6. (Prepare a compound entry.) Jan Date 6 Jan 20: Paid the cash dividends. Date Jan 20 Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit Mar 21: Split common stock 2-for-1 by calling in the 12,000 shares of $6 par common stock and issuing new stock in its place. Journal Entry Date Mar 21 Accounts Debit Credit
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