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On january 1, Chreesh Corp had 95,000 shares of a no par common stock issued and outstanding. The stock has a stated value of $5
On january 1, Chreesh Corp had 95,000 shares of a no par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occured. Apr. 1 Issued 25,000 additional shares of common stock for 17 per share June 15 Declared a cash dividend of $1 per hsare to stockholders of record on June 30 July 10 paid the $1 cash dividend Dec 1 Issued 2,000 additional shared of comonn stock for $19 per share Dec 15 Declared a cash dividend on outstanding shared of $1.20 per share to stockholders of record on dec 31
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