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Entrea for zolacted corporate tranaaction: Common Stock, $10 stated value (300,000 shares authorized, 200,000...

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Accounting

Entrea for zolacted corporate tranaaction:
Common Stock, $10 stated value (300,000 shares authorized, 200,000 shares issued)
Paid-In Capital in Excess of Stated Value-Common Stock
Retained Eamings
$2,000,000
Traasury Scock (20,000 shares, at comz)
400,000
3an.15. Paid cash dividends of $0.12 per ahare on the common atock. The elvidend had bese properly recorded when declared on December 1
of the procoding flecal ycar for $21,500.
Mar. 15. Sold all of the treasury mock for $17 por share.
Apr: 13. Isaued 40,000 aharea of common zock for $16 par share.
June 14. Declared a 55 stodk dividend on common acock, to be capitalzod as the markat price of the atock, which is $18 per share.
July 16. Iszued stock for the stock cividend declared on June 14.
Oct. 30. Purchased 13,000 shares of tressury stock for 519 per share.
Dec. 30. Declared a $0,15-per-share dividend on common stock.
Closed the two dividends accounts to Retained Earnings.
Required:
Common Stock
paid-In Capital in Excess of Stated Value-Common Stock
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