P13-38A Journalizing dividends and treasury stock transactions and stockholders' equity section of the balance sheet Learning Objectives 3, 4 preparing de Nov. 8 Treasury Stock $6,300 CR Winterborn Manufacturing Co. completed the following transactions during 2016 Declared a cash dividend on the 490, $100 par noncumulative preferred stock(950 shares outstanding). Declared a $0.40 per share dividend on the 95,000 shares of $4 par value common stock outstanding. The date of record is January 31, andthe payment date is February 15. Jan. 16 Feb. 15 Jun. 10 Jul 30 Paid the cash dividends Split common stock 2-for-1 Declared a 50% stock dividend on the common stock. The market value of the common stock was $10 per share. Distributed the stock dividend. Purchased 1,400 shares of treasury stock at $9 per share. Sold 700 shares of treasury stock for $11 per share. Aug. 15 Oct. 26 Nov. 8 30 Sold 500 shares of treasury stock for $6 per share