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. 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 584 to $28 per share. After the split, there were 138,000 common shares outstanding Jan No Entry Required No Entry Required Check My Wor Review the effect of stock splits on equity accounts Apr 30. Dedared semiannual dividends of $1.7 on 10,000 shares of preferred stock and $0.14 on the common stock payable on July 1 Apr 30 Cash Dividends Cash Dividends Payable F Check My Wor When a company declares a dividend it becomes legally binding July 1. Paid the cash dividende Suvi Cash Dividends Payable Cash Check My Work What are the stockholders' receiving from the corporation Oct. 31. Declared semiannual dividends of $1.7 on the preferred stock and $0.13 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 SSo. Cash Dividends Cash Dividends Cash Dividends Payable Stock dividends Stock Dividends Stock Dividends Distributable Paid-In Capital in Excess of Par-Common Stock 1010 Food Chock My Won On the date of declaration of a cash dividend, it becomes legally binding How do stock dividends affect stockholders' equity? Feedback The Wor On the date of declaration of a cash dividend, it becomes legally binding: How do stock dividends affect stockholders' equity? Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividende Payment Cash Dividends Payable Cash Istuimice Stock Dividends Distributable Common Stock Check My Wors What are the stockholders receiving Cha W Partially correct