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More info Jan 6 Declared a cash dividend on the 10,000 shares of $4, no-par preferred stock outstanding. Declared a $0.35 per share dividend on the 18,000 shares of common stock outstanding. The date of record is January 17, and the payment date is January 20. Jan 20 Paid the cash dividends. Mar 21 Split common stock 2-for-1 by calling in the 18,000 shares of $6 par common stock and issuing new stock in its place. Apr 18 Declared and distributed a 10% stock dividend on the common stock. The market value of the common stock was $34 per share. Jun 18 Purchased 1,000 shares of treasury common stock at $35 per share. Dec 22 Sold 500 shares of treasury common stock for $37 per share, Requirements 1. cord tractions in the journal Records for the credits Exclude onomy journalism any required to you on the rol in Act thank meets 20 uno. Decoracion detend on the 10.000 shares of 54. no per prendered took outstanding. Declared a 10.35 per stare duland er 10.000 shares of common tool aunding. The city and record lany .. Chart preparing to try on the date of decay. Proud Journal Entry Account Due Det Cr 20 hi donde Journal Accounts C Date Mar 21.Solt common stock 2 fort by calling in the 18.000 shares of $5 per common stock and sing new took in place Journal Entry Date Accounts Debit Credit Mar 21 Apr 18 care and subuted a 10% to dividend on the common lock Theater the comprar Journal Entry Dute Accounts Debit Creat Apr 12 Jun 18: Purchased 1,000 shares of treasury common stock at $35 per share. Journal Entry Date Accounts Debit Credit Jun 18 Dec 22: Sold 500 shares of treasury common stock for $37 per share. Journal Entry Date Accounts Debit Credit Dec 22