The W Corp. incurred the following transactions. Prepare journal entries for the following:

1 Jan Sold 50 shares of $10 par Common Stock for $14

2 Sold 50 shares of $10 par Common Stock for $8

3 Sold 50 shares of no par Common Stock for $13

4 Sold 50 shares of no par Common Stock but it had a $10 stated value for $15

5 Board declasres a $6,000 cash dividend payable on the 10th

10 Paid the cash dividend

11 Sold 200 shares of 5%, 100 par preferred stock for $103

30 Board declares the divident on the preferred stock

31 Closed Income Summary which reflected $10,000