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Question 2 of 10 - / 10 View Policies Current Attempt in Progress On January 1, 2021, Greencastle Corporation had 80,000 common shares, recorded at
Question 2 of 10 - / 10 View Policies Current Attempt in Progress On January 1, 2021, Greencastle Corporation had 80,000 common shares, recorded at $614,000, and retained earnings of $1,088,000. During the year, the following transactions occurred: 2 Apr. June Aug 15 21 Issued 4,800 common shares at $20 per share. Declared a cash dividend of $0.25 per share to common shareholders of record on June 30, payable on July 10. Declared a 5% stock dividend to common shareholders of record on September 5, distributable on September 20. The shares were trading for $22 a share on August 21, $24 on September 5, and $26 on September 20. Issued 3.300 common shares at $24 per share. Declared a cash dividend of $0.30 per share to common shareholders of record on December 31. payable on January 10. 1 Nov. Dec 20 (a) Record the above transactions for 2021. (Note: Closing entries are not required.) (List all debit entries before credit screto
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