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please make sure you work is readable and i can see the work to check my work! thank you in advance! More info Jan 6
please make sure you work is readable and i can see the work to check my work! thank you in advance!
More info Jan 6 Declared a cash dividend on the 11,000 shares of $4, no-par preferred stock outstanding. Declared a $0.60 per share dividend on the 10,000 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 10,000 shares of $6 par common stock and issuing new stock in its place. Apr 18 Declared and distributed a 5% stock dividend on the common stock. The market value of the common stock was $31 per share. Jun 18 Purchased 1,000 shares of treasury common stock at $37 per share. Dec 22 Sold 500 shares of treasury common stock for $44 per share. Requirements 1. Record the actor in the wood tisto, non controwy ul. Woumeyranty requis on the title of the Account com und Decida comovidond on the 11.000 hest, no por petered och utanding Deciwed a 50.00 per share vided on the 10.000 hes of common took outstandingThe date of record is onwy 17. und the entry 20 Start by ring the year of decision-Jawy Prepracy) Journal Entry Accounts Debe Credit Date Jan 20-Paide de Journal Entry Account Det Credit 20 Requirements 1. cord the transactions in the journal (Record debts frat, then croon. Excludentions from any journal entre journal entry is required, "No entry required on the first for of Account column and celan) Mar 21. Boltcomento 2.701 by calling in the 10.000 shares of 6 por common stock and song new stock inte ploce Journal Entry Date Accounts Crear M 21 Apr i Deted and rock dividend on the common stock. The market value of the common stock was 31 per Journal Entry Date Accounts Debit Credi Apr 10 Jun 18: Purchased 1,000 shares of treasury common stock at $37 per share. Journal Entry Date Accounts Debit Credit Jun 18 Dec 22: Sold 500 shares of treasury common stock for $44 per share Journal Entry Date Accounts Debit Credit Dec 22 Step by Step Solution
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