Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y5, were as follows: Record on journal page 10: Jan. Feb. May Issued 15,000 shares of $20 par common stock at $30, receiving cash. 15 Issued 4,000 shares of $80 par preferred $1 stock at $100, receiving cash. 1 Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually. 16 Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held and 20,000 shares of preferred stock were outstanding. Journalize this transaction as two separate entries Paid the cash dividends declared on May 16. 3 26

Selected transactions completed by Equinox Products inc. during the fiscal year ended December 31, 20Y5, were as follows: Record on journal page to Jan 3 Issued 15,000 shares of $20 par common stock at $30 receiving cash Feb. 15 Issued 4.000 shares of $80 par preferred $1 stock at $100, receiving cash May 1 lssued 5500,000 of 10 -year, 5% bonds at 104. with interest payable semiannually 16 Declared a quarterly dividend of 50.50 per share on common stock and 51.00 per share on preterred stock On the date of record. 100.000 shares of common stock were outstanding, no treasury shares were held and 20,000 shares of praferted stock were outstanding. Joumasize this transaction as ho seoarafe entrass 26 Paid the cash divdends declared on liay 16