The Following are Journal entries

Declared a $1.80 per share cash dividend, payable on January 10.

Record payment of the January 5 dividend.

Purchased treasury stock for cash. Hint: Use information from the December 31 Stockholders' equity statement. Entry to restrict retained earnings is not required.

Declared a $1.80 per share cash dividend, payable on April 10.

Record payment of the April 5 dividend.

Declared a $1.80 per share cash dividend, payable on July 10.

Record payment of the July 5 dividend.

Declared a 12% stock dividend when the stock's market value is $22 per share.

Issued the stock dividend that was declared on July 31.

Declared a $1.80 per share cash dividend, date of record October 10.

Record payment of the October 10 dividend.

Close income summary to retained earnings.

The following transactions and events affected its equity during the year. January 5 Declared a $1.86 per share cash dividend, payable on January 10. March 2 Purchased treasury stock for cash. April 5 Declared a \$1.86 per share cash dividend, payable on April 10. July 5 Declared a \$1.8e per share cash dividend, payable on July 10. July 31 Declared a 12% stock dividend when the stock's market value was $22 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $1.80 per share cash dividend, date of record october 19. The following transactions and events affected its equity during the year. prepare the journal entry necessary to record each event, and then agree the year-end balances with the December 31 Stockholders' Equity statement given above. Journal entry worksheet Note: tnter debits betore credits. Calculate the dollar amount of each cash dividend. Dates: \begin{tabular}{|l|} \hline Capitalization of retained earnings due to stock dividend: \\ \hline Number of shares outstanding on July 30 \\ \hline Percentage of stock dividend \\ \hline Number of shares to be issued \\ \hline Amount to be capitalized per share \\ \hline Total amount to be capitalized \\ \hline \end{tabular} Cash Dividends