Nativity Corp reports the following transactions for 2020 Click the konto view the transactions) Required. Prepare mal entries for the transactions Explanations are not required Prepare the journal entries for the 2020 ansactions Record debits first, then credits. Round dollar amounts to the maiestcent. Exclude explanations from journal entries) January 27: Sold 27.000 common shares for 58 per share Journal Entry Transactions Jan 27 So 27.000 common shares for 55 per share Feb Sold 7.750 shares of 5200, concumulative preferred shares for 570 Oct 13 Declared a percent stock dividend on the common shares The Current market price of the common share is $12 per share There are 37 000 common shares outstanding on 13 Ded the wock divided declared on October 13 Dec 11 Declared the annual dividendered on the preferred shares and 50 50 per share divided on the common shares. There are 17 000 preferred share outstanding time Check Answer Clear