Entrea for zolacted corporate tranaaction:
Common Stock, $ stated value shares authorized, shares issued
PaidIn Capital in Excess of Stated ValueCommon Stock
Retained Eamings
$
Traasury Scock shares, at comz
an Paid cash dividends of $ per ahare on the common atock. The elvidend had bese properly recorded when declared on December
of the procoding flecal ycar for $
Mar. Sold all of the treasury mock for $ por share.
Apr: Isaued aharea of common zock for $ par share.
June Declared a stodk dividend on common acock, to be capitalzod as the markat price of the atock, which is $ per share.
July Iszued stock for the stock cividend declared on June
Oct. Purchased shares of tressury stock for per share.
Dec. Declared a $pershare dividend on common stock.
Closed the two dividends accounts to Retained Earnings.
Required:
Common Stock
paidIn Capital in Excess of Stated ValueCommon Stock
