New Order Corp. reports the following transactions for 2020: (Click the icon to view the transactions.) Required. Prepare journal entries for the transactions. Explanations are not required. Prepare the journal entries for the 2020 transactions. (Record debits first, then credits. Round dollar amounts to the nearest cent. Exc journal entries.) January 27: Sold 27,000 common shares for $4 per share. i Transactions - X Jan. 27 Feb. 1 000 Oct. 13 Sold 27.000 common shares for $4 per share. Sold 7,750 shares of $2.25, noncumulative, preferred shares for $45 per share Declared a 9 percent stock dividend on the common shares. The current market price of the common shares is $10 per share. There are 92,000 common shares outstanding on October 13. Distributed the stock dividend declared on October 13. Declared the annual dividend required on the preferred shares and a $0.15 per share dividend on the common shares. There are 17.000 preferred shares outstanding at this time. Nov. 16 Dec. 11 Print Done Choose from any list or enter any number in the input fields and then continue to the next question education.alberta.ca > searchabletoolkit PDF Dch trang ny