The equity sections for Marcellus Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following transactions and events affected its equity during the year. ianuary 5 Declared a $0.80 per share cash dividend, payable on January 10. March 20 purchased treasury stock for cash. April 5 Declared a $0.80 per share cash dividend, payable on April 10. July 5 Declared a $0.80 per share cash dividend, payable on July 10 . July 31 Declared a 141 stock dividend when the stock's market valuo was $14 per ohare. ungust 14 Issued the stoek dividend that was declared on July 31 . ctober 5 Deelared a $0.80 per share cash dividend, date of record october 10 . General Journal tab - Journalize the transactions related to the notes and accounts payable of Marcellus Group. The General Ledger, Trial Balance and Schedule of Payables will be updated based on your entries. General Ledger tab - One of the advantages of general ledger software is that posting is done automatically. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab. Trial Balance tab - General ledger software also automates the preparation of trial balances. A trial balance lists each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits