1 On January 1, Tamarisk, Inc. had 54,800 shares of no par common stock issued...
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1 On January 1, Tamarisk, Inc. had 54,800 shares of no par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr Issued 8.200 additional shares of common stock for $10 per share. Declared a cash dividend of $1.50 per share to stockholders of record on June 30. July 10 Paid the $1.50 cash dividend. Dec. Issued 4, 100 additional shares of common stock for 512 per share. 15 Declared a cash dividend on outstanding shares of $1.60 per share to stockholders of record on December 31. June 15 1 (a) Prepare the entries, if any, on each of the three dates that involved dividends. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically Indented when amount is entered. Do not Indent manually) Date Account Titles and Explanation Debit Credit Art Prepare the entries, if any, on each of the three dates that involved dividends. If no entry is required, select "No Entry for the account atles and enter for the amounts. Record Journal entries in the order presented in the problem. Credit account titles are automatically Indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Apr 1 e Textbook and Media


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