Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Journalize the transactions If no entry is required, type "No Entry Required and leave the amount boxes blank. For a compound transaction, it an amount box does not require an entry, leave it blank Jan. 3. Sple the common stock 2 for 1 and reduced the par from $32 to $16 per share. After the split, there were 90,000 common shares outstanding Jan 8 No Entry Required No Entry Required IN Apr. 30. Declared semiannual dividends of $1.2 on 6,000 shares of preferred stock and $0.11 on the common stock payable on July 1, Apr 30 Cash Dividends Cash Dividends Payable July 1. Poid the cash dividendo July 1 Cash Dividends Payable Cash Oct. 31. Declared semiannual dividends of $1.2 on the preferred stock and $0.1 on the common stock (before the stock dividend). In addition, a 3% common stock dividend was declared on the common stock outstanding. The four market value of the common stock is estimated at $29. Cash Dividends Cash Dividends Cash Dividends Payable Apr 30 Cash Dividends Cash Dividends Payable July 1. Paid the cash dividends. July 1 Cash Dividends Payable Cash Oct. 31. Declared comiannual dividends of 51.2 on the preferred stock and so on the common stock (before the stock dividend). In addition, a 3% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $29. Cash Dividends Cash Dividends Cash Dividends Payable Stock dividends Stock Dividends Stock Dividends Distributable Paid-In Capital in Excess of Par Common Stock Dec. 31. Paid the cash dividends and lowed the certificates for the common stock dividend. Poyment Cash Dividends Payable Cash Issunnon Stock Dividends Distributable Common Stock