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On January 1 , 2 0 2 4 , Pukalanl Corporation had 8 7 , 0 0 0 common shares, recorded at $ 5 9
On January Pukalanl Corporation had common shares, recorded at $ and retalned earnings of $ million.
During the year, the following transactlons occurred:
Apr. Issued common shares at $ per share.
June Declared a cash dlvidend of $ per share to common shareholders of record on June payable on July
Aug. Declared a stock dlvidend to common shareholders of record on September distrlbutable on September
The shares were trading for $ a share on August $ on September and $ on September
Nov. Issued common shares at $ per share.
Dec. Declared a cash dividend of $ per share to common shareholders of record on December payable on January
a Record the above transactlons for List all debit entries before credit entries. Record journal entries in the order presented in the
problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required,
select No Entry" for the account titles and enter O for the amounts.
Dividends Declarad
Common Shares
NOTE: Please note that I am asking this same question second time because the first expert solution was not accurate sharing the link as well for your reference, kindly provide each entry which is applicable in this answer Thank you
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