On January 1ABC Com pany began operations by issuing 10,000 shares of $1 par value stock for per share. On June 30th they declared a $0.10 per share dividend to shareholders of record on July 15th, payable July 30th. On October 1st, they declared a 10% stock dividend to areholders of record on October 15th pavable on November 1t Market price per share was $15 on October 1, $17 per share on October 15, and $20 per share on November 1. Prepare all journal entries for the above transactions oblem 12-6 On January 1, 2016, Acme Company had 100,000 shares of $10 par stock outstanding which it originally issued for $15 per share. On April 30th it bought back 2,000 shares at $27 per share. On October 1, Acme Company sold 500 shares of the Treasury Stock on the open market at $30 per share. On November 30th the Company sold 1,000 shares of Treasury Stock at $25 per share. On December 31, Acme sold the last 500 shares for $35 per share. At December 31, 2016, the Retained Earnings was $450,000. Prepare journal entries for the treasury stock transactions and st the treasury stock T-accounts