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On December 15, the company decided to declare a stock dividend to common shareholders, and issued 4,500 shares when the market value of the stock

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On December 15, the company decided to declare a stock dividend to common shareholders, and issued 4,500 shares when the market value of the stock was $18 per share. Show calculations on your scrap paper if you want to be considered for partial credit. Date Account Debit Credit V [Select 12/15/20 Select) [ Select > Select [Select) | Select) On January 1, Gary Corporation issued 10,000 shares of 5% preferred stock, $10 par value, for $150,000. Date Account Debit Credit 1/1/20 Cash 150,000 > Preferred Stock 100,000 APIO. Preferred Stock 50,000 50,000 D Question 10 2 pts On October 1, 2020, Gary Corporation repurchased 5,000 shares of common stock for $8 per share, Date Account Debit Credit 40,000 10/1/20 Treasury Stock 40,000 Cash

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