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please solve all thank you Question 5 of 6 - / 1 TIL View Policies Current Attempt in Progress On January 1, Monty Corp. had
please solve all thank you
Question 5 of 6 - / 1 TIL View Policies Current Attempt in Progress On January 1, Monty Corp. had 61.900 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 June 15 July 10 Issued 13,500 additional shares of common stock for $12 per share. Declared a cash dividend of $1.75 per share to stockholders of record on June 30, Paid the $1.75 cash dividend. Issued 6,000 additional shares of common stock for $11 per share. Declared a cash dividend on outstanding shares of $2.25 per share to stockholders of record on December 31 Dec. 1 Dec. 15 (a) Prepare the entries, if any, on each of the three dates that involved dividends (Record journal entries in the order presented in the problem. 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 tities and enter for the amounts) Date Account Titles and Explanation Debit Credit Step by Step Solution
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