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Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 March 15 December 1 Issues 3,000 shares of
Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 March 15 December 1 Issues 3,000 shares of no-par value common stock for $20 per share Issues 800 shares of $20 par value preferred stock for $22 per share Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the issuance of 3,000 shares of no-par value common stock for $20 per share Note: Enter debits before credits. Date January 01 General Journal Debit Credit Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 March 15 December 1 Issues 3,000 shares of no-par value common stock for $20 per share Issues 800 shares of $20 par value preferred stock for $22 per share Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 Record the issuance of 800 shares of $20 par value preferred stock for $22 per share Note: Enter debits before credits. Date March 15 General Journal Debit Credit Northwest Clothing Supply has the following transactions during the year related to stockholders' equity. January 1 March 15 December 1 Issues 3,000 shares of no-par value common stock for $20 per share Issues 800 shares of $20 par value preferred stock for $22 per share Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the declaration of a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 Note: Enter debits before credits. Date December 01 General Journal Debit Credit Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 March 15 December 1 Issues 3,000 shares of no-par value common stock for $20 per share Issues 800 shares of $20 par value preferred stock for $22 per share Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 Record the date of record Note: Enter debits before credits. Date December 15 General Journal Debit Credit Northwest Clothing Supply has the following transactions during the year related to stockholders' equity: January 1 March 15 December 1 Issues 3,000 shares of no-par value common stock for $20 per share Issues 800 shares of $20 par value preferred stock for $22 per share Declares a cash dividend of $1 per share to all stockholders of record (both common and preferred) on December 15 December 15 Date of record December 31 Pays the cash dividend declared on December 1 Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 Record the payment of the cash dividend declared on December 1 Note: Enter debits before credits. Date December 31 General Journal Debit Credit
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