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On January 1. Blossom Company had 60.500 shares of no-par common stock issued and outstanding. The stock has a stated value of ( $ 4
On January 1. Blossom Company had 60.500 shares of no-par common stock issued and outstanding. The stock has a stated value of \\( \\$ 4 \\) per share During the year, the following transactions occurred. Apr. 1 Issued 8,500 additional shares of common stock for \\( \\$ 12 \\) per share. June 15 Declared a cash dividend of \\( \\$ 1.50 \\) per share to stockholders of record on June 30 . July 10 Paid the \\( \\$ 1.50 \\) cashdividend. Dec 1 Issued 4,400 additional shares of common stock for \\( \\$ 13 \\) per share 15 Declared a cash dividend on outstanding shares of \\( \\$ 1.60 \\) per share to stockholders of record on December 31 (a) Prepare the entries, if any, on each of the three dates that involved dividends. (If no entry is required, select \"No Entry\" for the account tites and enter 0 for the amounts. Record journal entries in the order presented in the problem. Credit occount titles are automatically indented when amount is entered. Do not indent manually.)
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