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Make entries for the following transactions: 1 ABB Company declared a cash dividend of $100,000 on February 1, 2015. 2 ABB paid the dividend on
Make entries for the following transactions:
1 ABB Company declared a cash dividend of $100,000 on February 1, 2015.
2 ABB paid the dividend on February 15, 2015.
3 ABB issued a 2 percent stock dividend on April 1, 2015 at a time when the firm had outstanding 200,000 shares whose market price was $5. The par value of the ABB shares is $1.
4 ABB repurchases on the open market 5,000 shares for $12 per share on June 1, 2015.
5 ABB sells 100 treasury shares for $10 per share on July 1, 2015.
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