Prepare journal entries for ABC Co.'s following events.

05/12/08 Received charter authorizing ABC Co. to issue 50,000 shares of common stock at a par value of $3 per share

06/03/08 Issued 30,000 shares of stock, receiving $150,000.

06/04/08 Paid the law firm of Lo, Ball and Hyde for their services to help organize the company by sending them two thousand shares of stock.

11/15/08 Declared a cash dividend of $3 per share , payable on 01/15/09, to holders of record as of 12/15/08.

12/15/08 Make the appropriate entry.

12/31/08 Make any necessary adjusting entry.

01/15/09 Make the appropriate entry.

06/12/09 Declared a ten percent (10%) stock dividend,payable on 7/15/09( ignore the date of record for this event).The market value of the stock is $12 per share.

7/15/09 Make the appopriate entry.

8/15/09 Declared a two-for-one stock split. The market value of the stock is $13 per share.

9/15/09 Declared and paid a cash dividend of $3 per share(pretend this happens all in one day).

10/01/09 Purchased 5,000 shares of treasury stock for a total price of $60,000.

10/15/09 Declared and paid a cash dividend of $3 per share.

11/15/09 Reissued 600 shares of treasury stock at $20 each.

12/15/09 Reissued the remaining treasury stock at $9 per share