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On January 1 , Grouper Corp. had 6 1 , 6 0 0 shares of no - par common stock issued and outstanding. The stock
On January Grouper Corp. had shares of nopar common stock issued and outstanding. The stock has a stated value of $ per share. During the year, the following transactions occurred.
Apr. Issued additional shares of common stock for $ per share.
Jume Declared a cash dividend of $ per share to stockholders of record on June
July Paid the $ cash dividend.
Dec Issued additional shares of common stock for $ per share.
Dec. Declared a cash dividend on outstanding shares of $ per share to stockholders of record on December
a
Priepare the entries on each of the three dates that imvolved dividends. PRecord joumal entries in the order presented in the problem Credit account titles are outomaticolly indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
Date
Account Titles and Explanation
Debit
Credit
Cash Dividends
Dividends Payable
tableCash Dividends
Dividends Payable
tableCash DividendsDividends PayableCash DividendsDividends Payable
eTextbook and Media
List of Accounts
Attempts: of used
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