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. If an amount box does not require an entry, leave it blank.

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Jan. 8. Split the common stock 2 for 1 and reduced the par from $52 to $26 per share. After the split, there were 87,000 common shares outstanding.

Jan. 8	CashCash DividendsCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockNo Entry Required	No Entry Required	No Entry Required
	CashCash DividendsCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockNo Entry Required	No Entry Required	No Entry Required

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Apr. 30. Declared semiannual dividends of $1.40 on 6,000 shares of preferred stock and $0.15 on the common stock payable on July 1.

Apr. 30	Cash DividendsCash Dividends PayableCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockCash Dividends	Cash Dividends	Cash Dividends
	Cash DividendsCash Dividends PayableCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockCash Dividends Payable	Cash Dividends Payable	Cash Dividends Payable

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July 1. Paid the cash dividends.

July 1	Cash DividendsCash Dividends PayableCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockCash Dividends Payable	Cash Dividends Payable	Cash Dividends Payable
	CashCash DividendsCash Dividends PayableNo Entry RequiredPaid-In Capital in Excess of Par-Common StockCash Dividends	Cash Dividends	Cash Dividends

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Oct. 31. Declared semiannual dividends of $1.40 on the preferred stock and $0.14 on the common stock (before the stock dividend). In addition, a 1% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $47.

Cash dividends	CashCash DividendsCash Dividends PayableCommon StockNo Entry RequiredCash Dividends	Cash Dividends	Cash Dividends
	CashCash DividendsCash Dividends PayableCommon StockNo Entry RequiredCash Dividends Payable	Cash Dividends Payable	Cash Dividends Payable
Stock dividends	Common StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock DividendsStock Dividends DistributableStock Dividends	Stock Dividends	Stock Dividends
	CashCommon StockNo Entry RequiredStock DividendsStock Dividends DistributableStock Dividends Distributable	Stock Dividends Distributable	Stock Dividends Distributable
	CashCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock DividendsPaid-In Capital in Excess of Par-Common Stock	Paid-In Capital in Excess of Par-Common Stock	Paid-In Capital in Excess of Par-Common Stock

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Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividend.

Payment	CashCash DividendsCash Dividends PayableCommon StockNo Entry RequiredCash Dividends Payable	Cash Dividends Payable	Cash Dividends Payable
	CashCash DividendsCash Dividends PayableCommon StockNo Entry RequiredCash	Cash	Cash
Issuance	CashCommon StockNo Entry RequiredStock DividendsStock Dividends DistributableStock Dividends Distributable	Stock Dividends Distributable	Stock Dividends Distributable
	CashCommon StockNo Entry RequiredStock DividendsStock Dividends DistributableCommon Stock	Common Stock	Common Stock