PROBLEMS (21-24): 21. Some of the transactions of W. P. Ellsworth, Inc., during this fiscal year are as follows: Jan. 9 Declared a cash dividend of $73,000 ($3.65 per share on 20,000 shares, $20 par value) to stockholders of record as of January 31, payable on February 7. Paid the cash dividend. Feb. 7 Mar. 14 Paid balance due on previous year's federal income tax, $15,180. Apr. 14 Paid $23,230 for the first quarterly installment of estimated federal income tax for the year. 21 The board of directors authorized the appropriation of Retained Earnings for contingencies, $15,000. Required: Record the above transactions in general journal form. I

21. Some of the transactions of W. P. Ellsworth, Inc., during this fiscal year are as follows: Jan. 9 Declared a cash dividend of $73,000 ( $3.65 per share on 20,000 shares, $20 par value) to stockholders of record as of January 31, payable on February 7. Feb. 7 Paid the cash dividend. Mar. 14 Paid balance due on previous year's federal income tax, $15,180. Apr. 14 Paid $23,230 for the first quarterly installment of estimated federal income tax for the year. 21 The board of directors authorized the appropriation of Retained Earnings for contingencies, $15,000. Required: Record the above transactions in general journal form