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On January 1, Waddington Corporation had 90,000 shares of common stock issued with $1 par value. Apr. 1 Issued 12,000 additional shares of common stock

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On January 1, Waddington Corporation had 90,000 shares of common stock issued with $1 par value. Apr. 1 Issued 12,000 additional shares of common stock for $18 per share. June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. July 10 Paid the $1 cash dividend. Dec. 1 Purchased 7,000 additional shares of treasury stock for $17 per share. 15 Declared a cash dividend on outstanding shares of $1.20 per share to stockholders of record on December 31. Instructions Prepare the entries, if any, on each of the three dividend dates: June 15th, July 10th and Dec 15th

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