Selected transactions of Joseph Corporation during 2019 follow. 1 DATE TRANSACTIONS Mar. 15 Piled the Federal income tax return for 2018. The total tax for the year was $134,450. During 2018, quarterly deposits of estimated tax totaling $128,000 had been made. The additional tax of $6,450 WAB paid with the return. On December 31, 2018, the accountant had estimated the total tax for 2018 to be $132,400 and had recorded a liability of $4,400 for federal income tax payable. Apr. 15 Paid first quarterly installment of $40,000 on 2019 estimated federal Income tax. May 3 Declared dividend of $0.30 per share on the 48,000 shares of common stock outstanding. The dividend is payable on June 2 to stockholders of record as of May 20, 2019. June 2 Paid dividend declared on May 3. 15 Paid second quarterly installment of $40,000 on 2019 estimated federal income tax. Sept. 15 Paid third quarterly installment of $40,000 on 2019 estimated federal income tax. Nov. 2 Declared dividend of $0.30 per share on 49,000 shares of common stock outstanding. The dividend is payable on December 2 to holders of record on November 20. Dec. 2 Paid dividend declared on November 2. 15 Paid fourth quarterly installment of $40,000 on 2019 estimated Income tax. 31 Total income tax for 2019 was $161,020. Record as an adjustment the difference between this amount and the total quarterly deposita. Record the above transactions in general journal. Analyze: What annual per share dividend was paid to common stockholders in 2019? Complete this question by entering your answer in the tabs below. General Journal Analyze Record the above transactions in general journal. (If no entry is required for a particular transaction, select "No journal entry required the first account field.) Complete this question by entering your answer in the tabs below. 1 General Journal Analyze Record the above transactions in general journal. (If no entry is required for a particular transaction, select "No journal entry required the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 67 8 12 Record the payment of taxes on March 15. Note: Enter debits before credits. General Journal Debit Credit Date Mar 15, 2019 Record entry Clear entry View general journal Complete this question by entering your answer in the tabs below. 1 General Journal Analyze Record the above transactions in general journal. (If no entry is required for a particular transaction, select "No journal entry requires the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 12 Record the first quarterly installment of taxes. Note: Enter debits before credits General Journal Debit Credit Date Apr 15, 2018 Record entry Clear entry View general journal Complete this question by entering your answer in the tabs below. 1 General Journal Analyze Record the above transactions in general journal. (If no entry is required for a particular transaction, select "No journal entry require the first account field.) View transaction list Journal entry worksheet Record the declaration of dividends on Nov 02. Note Enter debits before credits General Journal Debit Credit Date Nov 02, 2019 Record entry Clear entry View general journal Complete this question by entering your answer in the tabs below. 1 General Journal Analyze Record the above transactions in general journal. (If no entry is required for a particular transaction, select "No journal entry required the first account field.) View transaction list Journal entry worksheet 1 HE 4 5 6 7 8 9 12 Record the entry on the date of record for the dividend declared on Nov 20. Noter Enter debits before credits General Journal Debit Credit Date Nov 20, 2019 Record entry Clear entry View general journal Complete this question by entering your answer in the tabs below. 1 General Journal Analyze Record the above transactions in general Journal. (If no entry is required for a particular transaction, select "No journal entry required the first account field.) View transaction list Journal entry worksheet
