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solve this now pleeease 28 The fuancen for some of the equity aection of ABC Corporation'u staternert of finatidsl position During 2022, the following share
solve this now pleeease 28
The fuancen for some of the equity aection of "ABC" Corporation'u staternert of finatidsl position During 2022, the following share transactions occurred: - Jamuary 18 Issued 70,000 ordinary shares as $15 per share. - March 20 Purchased 35,000 ordinary shares of its outatanding at $14 per ahare to be beld in the treasury. - April 1 Declared a \$1.5 per share cash dividends, with a record and payments days of April 18th, and May 2nd, respectively. - June 15 Announced a 2 for 1 share split - July 5 Doclared a 15% share dividends, with a record and distribution days of July 16 th, and August 2nd, respectively. (assume the market value per share is $11 ) - August 10 Sold 40,000 Treasury shares at $8 per share. - October 1 Declared a \$1.5 per shara cash dividends, with a record and payments days of October 18 th, and November 2nd, respectively. - December 1 Sold 30,000 Treasury shares at $5 per share. Instructions Based on the above-given information, prepare ALL the required journal entries to record the transsctions that occurred in the year 2022 Step by Step Solution
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