Question
Please, help with this. The ones incorrect and missing, provide calculatuions to get to the results if possible.... Selected Dividend Transactions, Stock Split Selected transactions
Please, help with this. The ones incorrect and missing, provide calculatuions to get to the results if possible....
Selected Dividend Transactions, Stock Split
Selected transactions completed by Hartwell Boating Supply Corporation during the current fiscal year are as follows:
Journalize the transactions.
If no entry is required, type "No entry required" and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank.
Feb. 10. Split the common stock 2 for 1 and reduced the par from $44 to $22 per share. After the split, there were 78,000 common shares outstanding.
June 15. Paid the cash dividends.
Dec. 15. Paid the cash dividends and issued the certificates for the common stock dividend.
Thanks
Feb. 10 No entry required 4 No entry required Show All Feedback Hide May 1. Declared semiannual dividends of $1.40 on 5,000 shares of preferred stock and $0.06 on the common stock payable on June 15 May 1 Cash Dividends 11680 Cash Dividends Payable 11680
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