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, 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 $72 to $24 per share. After the split, there were 60,000 common shares outstanding.

Jan. 8	No Entry Required	fill in the blank 1a7743048fd4013_2	fill in the blank 1a7743048fd4013_3
	No Entry Required	fill in the blank 1a7743048fd4013_5	fill in the blank 1a7743048fd4013_6

Apr. 30. Declared semiannual dividends of $1.30 per share on 4,000 shares of preferred stock and $0.07 per share on the common stock payable on July 1.

Apr. 30	Cash Dividends	fill in the blank b0b16106302003e_2	fill in the blank b0b16106302003e_3
	Cash Dividends Payable	fill in the blank b0b16106302003e_5	fill in the blank b0b16106302003e_6

July 1. Paid the cash dividends.

July 1	Cash Dividends Payable	fill in the blank cac61f004047f85_2	fill in the blank cac61f004047f85_3
	Cash	fill in the blank cac61f004047f85_5	fill in the blank cac61f004047f85_6

Oct. 31. Declared semiannual dividends of $1.30 per share on the preferred stock and $0.05 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 $43.

Oct. 31	Cash Dividends	fill in the blank 63b5bbfd7fb6f9d_2	fill in the blank 63b5bbfd7fb6f9d_3
	Cash Dividends Payable	fill in the blank 63b5bbfd7fb6f9d_5	fill in the blank 63b5bbfd7fb6f9d_6
Oct. 31	Stock Dividends	fill in the blank 63b5bbfd7fb6f9d_8	fill in the blank 63b5bbfd7fb6f9d_9
	Stock Dividends Distributable	fill in the blank 63b5bbfd7fb6f9d_11	fill in the blank 63b5bbfd7fb6f9d_12
	Paid-In Capital in Excess of Par-Common Stock	fill in the blank 63b5bbfd7fb6f9d_14	fill in the blank 63b5bbfd7fb6f9d_15

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

Dec. 31	Cash Dividends Payable	fill in the blank 3e2d09055fe4f90_2	fill in the blank 3e2d09055fe4f90_3
	Cash	fill in the blank 3e2d09055fe4f90_5	fill in the blank 3e2d09055fe4f90_6
Dec. 31	Stock Dividends Distributable	fill in the blank 3e2d09055fe4f90_8	fill in the blank 3e2d09055fe4f90_9
	Common Stock	fill in the blank 3e2d09055fe4f90_11	fill in the blank 3e2d09055fe4f90_12