On January 1, 2025, Oriole Corporation had the following stockholders' equity accounts. During 2025, the...
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Accounting
On January 1, 2025, Oriole Corporation had the following stockholders' equity accounts. During 2025, the following transactions occurred. Jan 15 Declaredand paid a $1.05 cash dividend per share to stockholders. Apr, 15 Declared and distributed a 10% stock dividend. The market price of the stock was $14 per share. May 15 Reacquired 1,900 common shares at a market price of $15 per share. Nov. 15 Reissued 950 shares held in treasury at a price of $18 per share. Dec.31 Determined that net income for the year was $371.000. (a1) Journalize the above transactions. (Include entries to close net income to Retained Earaings) IClir ail dwhit mitries before onwir. entries. Credit account tities are automatically indented when the amount kentens. Do not indwnt monuwily if no entry a nequired, select "No Entry" for the occount vities and enter of for the ancionte. Rosoed entrits in the order dloplaved in the problemsterterient)
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