On January 1 Windsor, Inc. had 74,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following transactions occurred:

Apr. 1

Issued 11,000 additional shares of common stock for $10 per share.

June 15

Declared a cash dividend of $1.00 per share to stockholders of record on June 30.

July 10

Paid the $1.00 cash dividend.

Dec. 1

Issued 6,000 additional shares of common stock for $14 per share.

15

Declared a cash dividend on outstanding shares of $1.00 per share to stockholders of record on December 31.

(a)

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Prepare the entries, if any, on each of the three dates that involved dividends. (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.)

Sheffield Corp. has the following capital stock outstanding at December 31, 2020:

9% Preferred stock, $100 par value, cumulative 12,000 shares issued and outstanding		$1,200,000
Common stock, no par, $10 stated value, 570,000 shares authorized, 470,000 shares issued and outstanding		4,700,000

The preferred stock was issued at $125 per share. The common stock was issued at an average per share price of $15. Prepare the paid-in capital section of the balance sheet at December 31, 2020.