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Please help Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the
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Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the transactions. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 3 for 1 and reduced the par from $78 to $26 per share. After the split, there were 141,000 common shares outstanding ho Jan 8 88 Apr. 30. Declared semiannual dividends of $0.90 per share on 10,000 shares of preferred stock and 50.13 per share on the common stock payable on July 1 Apr 30 July 1. Paid the cash dividends. July Oct. 31. Declared semiannual dividends of $0.90 per share on the preferred stock and 50.11 per share on the common stock (before the stock idend in addition motor dan was acred nin the common knutsanding the fair market value of the common stock is July 1. Paid the cash dividends. July 1 Oct. 31. Dedared semiannual dividends of $0.90 per share on the preferred stock and $0.11 per share on the common stock (before the stock dividend). In addition, a 3% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $47 Oct. 31 Oct. 31 Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividend. Dec. 31 Dec. 31 Step by Step Solution
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