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Remaining Time: 1 hour. 59 minutes. 04 seconds. Question Completion Status: Question 3 7.5 points wer 17.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec 31, 2020: - Common stock, $20 par, 100,000 shares authorized, 30,000 shares issued and outstanding $600,000 - Paid in Capital in Excess of Par Value, Common Stock - Retained Earnings 400,000 1,000,000 The following transactions occurred during 2021 1 Feb, 29. Purchased 4,000 of its own shares for $30 per share. 2. March 10. Declared a $1 per share cash dividend on the outstanding common stock 3. ALOZ Paid the cash dividends declared early in March 10 4.May.20. Sold treasury shares for $32 each 5. Oct 1 Declared 10% stock dividends on the outstanding common stock for the record of Nov. 1 and to be distributed on Dec 10: The market value of stock on Oct. I was $28 per Share 6.Dec10: Distribuind the shares which declared on Oa 1 7. Dec. 25. Implemented a 2-for-1 stock split, when the market value of stock was $20 per share NOTE: If there is no entry, please write: "NO ENTRY". Required: Prepare Journal ontries to record tractions that occurred during 2001 CLEARLY INDICATE THE DEBITS & CREDITS Example on January 2020, XYZ Company pays $10,000 cash to purchase and ADS TRIN De Land 10.000 Cr Cash 10.000 for the toolbar.press ALTF10 PC) OR ALTINOFIDIMAI 22 o xD BIW5 Anal Paragraph

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