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Old Jul 11, 2007, 12:40 PM
dymndgirl
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journal entries

On janurary 1. ABC Corp had 95,000 shares of no-par common stock issued and outstanding.. The stock has a stated value of $5 per share. during the following ocuured

4/1 issued 15,000 shares of common stock for $17 per share
6/15 delclared a cash dividend of $1 per share to stockholders of record on June 30
7/10 paid the $1 cash dividiend
12/1 issued 2.000 additional shares of common stock for $19 per share
12/15 Declared a cash dividend on outstanding shares of $1.20 per share to stockholders of record on Dec. 31


Need help pereparing the entries if andy on each of the three dividend dates.

Thanks in advance


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