Record the transactions in clearbourne's general journal

January 16: declared a cash dividend on the 6%, $105 par non-cumulative preferred stock (1000 shares outstanding). Declared a $.40 per share dividend on the 90,000 shares of six dollars par value common stock outstanding. The date of record is January 31 and the payment date is February 15.

Clearboen Manufacturing Co completed the folowing transactions during 2024: (i) (Click the icon to view the transactions) Read the requrements entry requied on the firt ine of the Accounts and Explanation column and leave the remanng cebs blank) outatanding the date of recerd is January at, and the paymeet dose is February is Jan. 16 Declared a cash dividend on the 6%,$105 par noncumulative preferred stock (1,000 shares outstanding). Declared a $0.40 per share dividend on the 90,000 shares of $6 par value common stock outstanding. The date of record is January 31 , and the payment date is February 15. Feb. 15 Paid the cash dividends. Jun. 10 Split common stock 2-for-1. Jul. 30 Declared a 50% stock dividend on the common stock. The market value of the common stock was $11 per share. Aug. 15 Distributed the stock dividend. Oct. 26 Purchased 1,600 shares of treasury stock at $10 per share. Nov. 8 Sold 800 shares of treasury stock for $12 per share. Nov. 30 Sold 700 shares of treasury stock for $7 per share