** There are 23 line items for the journal entry*

Carlyon Company listed the following items in its December 31, 2018, financial statements:

Investment in Man Company bonds	$25,000
Dividends payable: preferred	4,000
Dividends payable: common	40,000
Preferred stock, 8%, $100 par	100,000
Common stock, $10 par	400,000
Additional paid-in capital on preferred stock	20,000
Additional paid-in capital on common stock	210,000
Retained earnings	270,000

During 2019, the following transactions occurred:

Feb.	2	Paid the semiannual dividends declared on December 15, 2018.
Mar.	5	Declared a property dividend, payable to common shareholders on April 5 in Man Company bonds being held to maturity. The bonds (which have a book value of $25,000) have a current market value of $31,000.
Apr.	5	Paid the property dividend.
July	6	Declared a $4 per share semiannual cash dividend on preferred stock and a $1.10 per share semiannual dividend on common stock, to be paid on August 17.
Aug.	17	Paid the cash dividends.
Oct.	15	Declared a 2% stock dividend on common stock to be issued on December 3. The current market price is $22 per share.
Dec.	3	Issued the stock dividend.
	28	Declared a $4 and $1.20 per share semiannual cash dividend on preferred and common stock, respectively, to be paid on February 15, 2020.

Required:

Next Level Prepare journal entries to record the preceding transactions.

CHART OF ACCOUNTS

Carlyon Company

General Ledger

	ASSETS
111	Cash
121	Accounts Receivable
141	Inventory
152	Prepaid Insurance
181	Equipment
189	Accumulated Depreciation
191	Investment in Man Company Bonds

	LIABILITIES
211	Accounts Payable
231	Salaries Payable
250	Unearned Revenue
261	Income Taxes Payable
272	Property Dividends Payable
273	Dividends Payable: Preferred
274	Dividends Payable: Common

	EQUITY
311	Common Stock
315	Common Stock to be Distributed
324	Additional Paid-in Capital from Stock Dividend
331	Retained Earnings

	REVENUE
411	Sales Revenue
434	Gain on Disposal of Investment