Sold 510 shares of treasury common for $11,220 Date 1 2 3 GENERAL JOURNAL Description Post Debit Page Credit Accounting 1A Chapter 12 Corporations: Organization, Stock Transactions and Dividends Stock Journal Entries Practice Problem 1 Sold 180 shares of treasury common for $3,420 Date 1 GENERAL JOURNAL Page Description Post Debit Credit 1 2 3 1 2 3 3 Declared a cash dividend of $6.40 per share on preferred stock and $1 per share on common stock Date I 2 GENERAL JOURNAL Description Page Post Debit Credit 1 2