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Aer. $2$ lewasd $5,100$ common aharea at $$20$ gar ahare.

The sharas wers trading for $$22$ a shars on Auquat $21,$$$24$ on $58$ eptember $$,$ and $$27$ on $5$ aptamber $20.$

Nou $1$ lausd $3,300$ common aharas at $$24$ gar ahare.

$($a$)$

Fsoard tha above trandactlona for $2024,($List all detilt entries before oredit entries. Record journal entries in the order presented in the

problem. Credit account tieles ase automatically indented when the amount is entered. Do not indent manually. If no entry is requined,

select $"$No Entry" for the account tiele and enter $0$ for the amounts.$)$On January $1,2024,$ Pukalani Corporation had $87,000$ common shares, recorded at $$591,600,$ and retained earnings of $$1$ million.

During the year, the following transactions occurred:

Apr. $2$ Issued $5,100$ common shares at $$20$ per share.

June $15$ Declared a cash dividend of $$0\mathrm{.}15$ per share to common shareholders of record on June $30,$ payable on July $10.$

Aug. $21$ Declared a $5\%$ stock dividend to common shareholders of record on September $5,$ distributable on September $20.$

The shares were trading for $$22$ a share on August $21,$$$24$ on September $5,$ and $$27$ on September $20.$

Nov. $1$ Issued $3,300$ common shares at $$24$ per share.

Dec. $20$ Declared a cash dividend of $$0\mathrm{.}20$ per share to common shareholders of record on December $31,$ payable on January

$10.$

$($a$)$

Record the above transactions for $2024.($List all debit entries before credit entries. Record journal entries in the order presented in the

problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required,

select $"$No Entry" for the account titles and enter O for the amounts.$)$

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