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On january 1, Molini corporation had 95000 shares of no-parcommon stock issued and outstanding. The...

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Accounting

On january 1, Molini corporation had 95000 shares of no-parcommon stock issued and outstanding. The stock had a stated valueof $5 per share. During the year the following occured:
1. apr.1issued 25000 additional share at $17 per share.
2. june 15declared a cash dividend of $1.
3.july 10paid the cash dividend
4. dec1.isued 2000additional shares for $19 per share
5. dec15.declared a cash dividend of $1.20 per shares.
prepare the entries if any on each of the three dividenddates

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