On January 1,2024, Penny Worth Corporation had 87,000 common shares, recorded at $591,600, and retained...
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On January Penny Worth Corporation had common shares, recorded at $ and retained earnings of $ million. During the year, the following transactions occurred: Apr. Issued common shares at $ per share. June Declared a cash dividend of $ per share to common shareholders of record on June payable on July Aug. Declared a stock dividend to common shareholders of record on September distributable on September The shares were trading for $ a share on August $ on September and $ on September Nov. Issued common shares at $ per share. Dec. Declared a cash dividend of $ per share to common shareholders of record on December payable on January Record the above transactions for List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Date Account Titles Debit Credit 
On January Penny Worth Corporation had common shares, recorded at $ and retained earnings of $
million. During the year, the following transactions occurred:
Apr. Issued common shares at $ per share.
June Declared a cash dividend of $ per share to common shareholders of record on June payable on July
Aug. Declared a stock dividend to common shareholders of record on September distributable on September
The shares were trading for $ a share on August $ on September and $ on September
Nov. Issued common shares at $ per share.
Dec. Declared a cash dividend of $ per share to common shareholders of record on December payable on January
Record the above transactions for List all debit entries before credit entries. Record journal entries in the order
presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent
manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
Date
Account Titles
Debit
Credit
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