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On January 1, 2018, Accustart Corporation had 87,000common shares, recorded at $625,000, and retained earnings of $1,032,000. During the year, the following transactions occurred: Apr.

On January 1, 2018, Accustart Corporation had 87,000common shares, recorded at $625,000, and retained earnings of $1,032,000. During the year, the following transactions occurred:

Apr. 2 Issued 5,000 common shares at $20 per share.
June 15 Declared a cash dividend of $0.15 per share to common shareholders of record on June 30, payable on July 10.
Aug. 21 Declared a 5% stock dividend to common shareholders of record on September 5, distributable on September 20. The shares were trading for $21 a share on August 21, $24 on September 5, and $26 on September 20.
Nov. 1 Issued 3,100 common shares at $25 per share.
Dec. 20 Declared a cash dividend of $0.20 per share to common shareholders of record on December 31, payable on January 10.

Record the above transactions for 2018. (Note:Closing entries are not required.) (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 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Apr. 2June 15July 10Aug. 21Sept. 20Nov. 1Dec. 20

enter an account title

enter a debit amount

enter a credit amount

enter an account title enter a debit amount enter a credit amount

List of Accounts

What is the number of common shares at the end of the year?

Number of common shares enter a Number of common shares

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