i need to journalize the following:
2/5 the board of directors reduced par of common shares form 100.00 to 20.00. this action increased the number of outstanding shares to 400,000
2/22 declared dividend of 1.00 per share on the outstanding shares of common stock
3/2 paid dividend declared on 2/22
4/1 declared a 2% stock dividend on the common stock outstandin(the fair market value of the stock to be isued is $60.
5/1 issued the certificates for the common stock dividend declared on 4/1

i have 2/5 treasury stock of 8000000 dr
cash 8000000 cr
2/22 cash dividend 400000 dr
cash dividend payable 4000000cr
3/2 cash dividend payable 400000dr
cash 400000cr
but from there i am lost i don't even know if i am correct on the previous answers?