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please help On January 1, 2015, Geffrey Corporation had the following stockholders' equity accounts Common Stock ($22 par value, 65,000 shares issued and outstanding)$1,430,000 Paid-in

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On January 1, 2015, Geffrey Corporation had the following stockholders' equity accounts Common Stock ($22 par value, 65,000 shares issued and outstanding)$1,430,000 Paid-in Capital in Excess of Par-Common Stock Retained Earnings 204,000 639,400 During the year, the following transactions occurred. Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1 Paid the dividend declared in February Feb. 1 Mar. 1 Apr.1 July 1 Declared a 11% stock dividend to stockholders of record on July 15, distributable July 31 On July 1, the market price of the stock was$14 per share. Issued the shares for the stock dividend Declared a $0.60 per share dividend to stockholders of record on December 15, payable January 5, 2016 31 Dec. 1 Dead a $o.60 per share dividend to stockholders of record on December 15, payable January 5, 2016. Dec. 1 31 Determined that net income for the year was $349,000 Journalize the transactions and the closing entries for net income and dividends. (Credit account titles are automatically 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.) Date Account Titles and Explanation Feb. 1 Debit Credit Mar. 1 Apr. 1 July 1 July 31 Dec. 1 Dec. 31 (To close net income)

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