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Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current scal year are as follows. Journalize the transactions. If
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current scal year are as follows. Journalize the transactions. If no entry is required, select 'No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 3 for 1 and reduced the par from $42 to $14 per share. After the split, there were 14?,000 common shares outstanding. Jan. 8 I '| EU EU | 'I Apr. 30. Declared semiannual dividends of $1.30 per share on 10,000 shares of preferred stock and $0.09 per share on the common stock payable on July 1. 1 00 DD EU 00 Apr. 30 ' ) ': July 1.. Paid the cash dividends. Julyll vi | '1 Oct. 31. Declared semiannual dividends of $1.30 per share on the preferred stock and $0.0? per share on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $25. 0...... \"Cl: ' \"SCI 0...... 'QQ Oct. 31. Declared semiannual dividends of $1.30 per share on the preferred stock and $0.0? per share on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $25. Oct. 31 ' \" | 'l am am DUB DU Dec. 31. Paid the cash dividends and issued the certicates for the common stock dividend. Dec.31' 1:]: ' \"SCI Dec.31| \"DD ' \"C1D
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