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On January 1, 2020, Blossom Corporation had 106,000 shares of no-par common stock issued. 5,000 shares are held as treasury stock. The stock has a

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On January 1, 2020, Blossom Corporation had 106,000 shares of no-par common stock issued. 5,000 shares are held as treasury stock. The stock has a stated value of $5 per share. During the year, the following occurred. Apr. 1 issued 10,000 additional shares of common stock for $16 per share. June 15 Declared a cish dividend of $1 per share to stockholders of record on June 30. July 10 Paid the 51 cash dividend. Dec. 1 Purchased 1.800 additional shares of common stock for $15 per share. Dec. 15 Declared a cash dividend on outstanding shares of 51.30 per share to stockholders of record on December 31. (a) Prepare the entries, if any, on eachi d the three dividend outes (Credit account bities are dutamatically indented when the dinount is: entered Do not indent mandally. If no entry is requ red, select 'No Entry' for the cacourit titics and enter of oor the omounts, List all debit eatries before credit entries Recordjournd entries in the order presented in the problerme Prepare the entries, if ary, on each of the three dividend datesi (Credit occount titles are outomatloelly indented when the ansount 5 . entered, Do not indent manually If no entry bs required, select "No Entry" for the occount titles and enter 0 for the amounts Ust ofl dehit. entries before credit entries. Record journal entries in the order presented in the

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