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On January 1, 2017 PT Megaworld had 50,000 shares, $4 par value per share, during the year, the following transactions occurred. Apr Issued 9,000 additional

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On January 1, 2017 PT Megaworld had 50,000 shares, $4 par value per share, during the year, the following transactions occurred. Apr Issued 9,000 additional shares of common stock for $11 per share. June 15 Declared a cash dividend of S1,50 per share to stockholders of record on June 30 July 10 Paid the $1.50 cash dividend. December Issued 4,000 additional shares of common stock for $12 per share, December 15 Declared a cash dividend on outstanding shares of $1.60 per share to stockholders of record on December 31 Required: Record all transactions above

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