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On January 1, Bramble Corp. had 61,200 shares...

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Accounting

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On January 1, Bramble Corp. had 61,200 shares of no-par common stock issued and outstanding The stock has astated value of $4 per share During the year, the following transactions occurred. Apr. 1 Issued.10,350 additional shares of common stock for $13 per share. June 15 Declared a cash dividend of $1.70 per share to stockholders of record on June 30 . July 10 Paid the 5170 cosh dividend. Dec. 1 Issived 4,600 additional sthares of common stock for $11 per share. Dec 15 Declared a cash dividend on qutstanding shares of $2.00 per share to stockholders of record on December 31. Prepare the entries on each of the three dates that involved dividends. (Record journol entries in the order presented in the problem. Credit account fitles ar automatically indented when amount is entered. Do not indent manually. If no entry is required, selcct "No Entry* for the account titles and enter of for amounts. List all debit entries before credit entries.)

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