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Skysong Corporation is authorized to issue 1 , 0 8 0 , 0 0 0 shares of $ 1 par value common stock. During 2
Skysong Corporation is authorized to issue shares of $ par value common stock. During the company has the following stock transactions.
Jan. Issued shares of stock at $ per share.
Sept. Purchased shares of common stock for the treasury at $ per share.
Dec. Declared a $ per share dividend to stockholders of record on December payable January
Journalize the transactions for Skysong Corporation. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
Date
Account Titles and Explanation
Debit
Credit
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