On January 1, 2020, Concord Corporation had 76,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Mar. 1 June 1 June 30 Dec. 1 Dec 15 Issued 97,000 shares of common stock for $690,000. Declared a cash dividend of $2.00 per share to stockholders of record on June 15. Paid the $2.00 cash dividend. Purchased 9,000 shares of common stock for the treasury for $19 per share Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Net income for 2020 amounted to $924,000. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit

On January 1,2020, Concord Corporation had 76.000 shares of $1 par value common stockissued and outstanding. During the year. the following trarsactions occurred: Mar.1 lssued 97.000 shares of commonstock for 5690,000 June 1 Declared a cash divdend of $2.00 per share to stookholders of record on June 15 : June 30 Paid the $2.00 cash dividend. Dec 1 Purchased 9,000 shares of common stock for the treasury for $19 per share Dec 15 Declared a cash dividend on outstanding shares of 5250 per share to stockholders of record on December 31 Net income for 2020 amounted to $924,000. Prepare joumal entries to record the above transactions, iCredt dccount vitles dre patomoticoly indented when the omount is entcred Do not indent manuolly. Record joumal entries in the order presented in the probem If no mitry is repuined, select Wo Entry? Ior the accourt titles Wand eriter of for the amounts On January 1,2020, Concord Corporation had 76.000 shares of $1 par value common stockissued and outstanding. During the year. the following trarsactions occurred: Mar.1 lssued 97.000 shares of commonstock for 5690,000 June 1 Declared a cash divdend of $2.00 per share to stookholders of record on June 15 : June 30 Paid the $2.00 cash dividend. Dec 1 Purchased 9,000 shares of common stock for the treasury for $19 per share Dec 15 Declared a cash dividend on outstanding shares of 5250 per share to stockholders of record on December 31 Net income for 2020 amounted to $924,000. Prepare joumal entries to record the above transactions, iCredt dccount vitles dre patomoticoly indented when the omount is entcred Do not indent manuolly. Record joumal entries in the order presented in the probem If no mitry is repuined, select Wo Entry? Ior the accourt titles Wand eriter of for the amounts