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On January 1 , 2 0 2 2 , Sheridan Corporation had the following stockholders' equity accounts. Common Stock ( 2 2 par value, 5
On January Sheridan Corporation had the following stockholders' equity accounts. Common Stock par value, shares issued and outstanding Paidin Capital in Excess of ParCommon Stock Retained Earnings During the year, the following transactions occurred. Feb. Mar. Apr. July Dec. Declared a cash dividend per share to stockholders of record on February payable March Paid the dividend declared in February. Announced a for stock split. Prior to the split, the market price per share was Declared a Journalize the transactions and the closing entries for net income and dividends. Credit account titles are automatically indented
when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the
amounts. Record journal entries in the order presented in the problem.
Date
Account Titles and Explanation
Debit
Credit
Please help with the journalizing the transaction
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