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Question 14 of 18 -/25 View Policies Current Attempt in Progress On January 1, Sunland Corporation had 95,500 shares of no-par common stock issued and
Question 14 of 18 -/25 View Policies Current Attempt in Progress On January 1, Sunland Corporation had 95,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $7 per share. During the year, the following occurred Apr. Issued 26,000 additional shares of common stock for $17 per share. Declared a cash dividend of $1 per share to stockholders of record on June 30. July Paid the $1 cash dividend Issued 2.500 additional shares of common stock for $20 per share Declared a cash dividend on outstanding shares of $2.10 per share to stockholders of record on December 31 1 June 15 10 Dec. 1 15 Question 14 of 18 > -/25 Prepare the entries to record these transactions. (If no entry is required, select "No entry for the account titles and entero for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit . Save for later Attempts: 0 of 1 used Subunit
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