ling/Financial accounting On March 1, 2014, Kissell Corporation began operations with a charter from the state that... like dislike Question: n March 1, 2014, Kissell Corporation began operations with a charter from the state that authorized 100,000 shares of $4 par value Ommon stock. Over the next quarter, the company engaged in the transactions that follow. "Mar.1 Issued 30,000 shares of common stock, $200,000. 2 Apr.10 Issued 13,000 shares of common stock, $130,000. Paid fees associated with obtaining the charter and starting up and organizing the corporation, $24,000. 15 Purchased 5,000 shares of common stock, $50,000. May 31 The board of directors declared a $0.20 per share cash dividend to be paid on June 15 to shareholders of record on June 10. Record the T accounts for Dividends and Dividends Payable using the information above. T-Accountou Log In Sign Up Ask a que