Entries for Selected Corporate Transactions
Common Stock, $ stated value shares authorized, shares issued
$
PaidIn Capital in Excess of Stated ValueCommon Stock
Retained Earnings
Treasury Stock shares, at a cost of $ per share
The following selected transactions occurred during the year:
of the preceding fiscal year for $
Apr. Issued shares of common stock for $ per share.
June Sold all of the treasury stock for $
July Declared a stock dividend on common stock, to be capitalized at the market price of the stock, which is $ per share.
Aug. Issued the certificates for the dividend declared on July
Nov. Purchased shares of treasury stock for $
Dec. Declared a $pershare dividend on common stock.
Closed the two dividends accounts to Retained Earnings.
