Starborn Manufacturing Co.completed the following transactions during 2018: Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in Starbom's general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required on the first line of the Accounts and Explanation column and leave the remaining cells blank.) Jan. 16. Declared a cash dividend on the 5%, 595 par noncumulative preferred stock (1,000 shares outstanding). Declared a $0.30 per share dividend on the 115,000 shares of $2 par value common stock outstanding. The date of record is January 31, and the payment date is February 15, Date Accounts and Explanation Debit Credit Jan. 16 Cash Dividends Dividends Payable-Preferred Declared a cash dividend. More Info 1 Jan, 16 Feb. 15 Jun. 10 Declared a cash dividend on the 5%. $95 par noncumulative preferred stock (1,000 shares outstanding). Declared a $0,30 per share dividend on the 115,000 shares of $2 par value common stock outstanding. The date of record is January 31, and the payment date is February 15 Paid the cash dividends Split common stock 2-for-1 Declared a 50% stock dividend on the common stock. The market value of the common stock was $12 per share Distributed the stock dividend Purchased 5,400 shares of treasury stock at S11 per share. Sold 2,700 shares of treasury stock for S13 per share. Sold 1,600 shares of treasury stock for 57 per share, Jul. 30 Aug. 15 Oct. 26 Nov. 8 Nov. 30 Print Done