Problem Two:
On January It Is Finished Corporation had shares of $ par value common stock issued and outstanding. During the year, the following tran occurred:
Mar. Issued shares of common stock for $ per share.
June Declared a cash dividend of $ per share to stockholders of record on June
June Paid the $ cash dividend.
Dec. Purchased shares of common stock for the treasury for $ per share.
Dec. Declared a cash dividend on outstanding shares of $ per share to stockholders of record on December
Instructions
Prepare journal entries to record the above transactions.
tableDateASEENICFAccount,DR
