On January 1,2025, Oriole Corporation had the following stockholders' equity accounts. During 2025,...

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Accounting

On January 1,2025, Oriole Corporation had the following stockholders' equity accounts.
During 2025, the following transactions occurred.
Jan. 15 Declared and paid a $1.05 cash dividend per share to stockholders.
Apr. 15 Declared and distributed a 10% stock dividend. The market price of the stock was $14 per share.
May 15 Reacquired 1,900 common shares at a market price of $15 per share.
Nov, 15 Reissued 950 shares held in treasury at a price of $18 per share.
Dec. 31 Determined that net income for the year was $371,000.
Journalize the above transactions. (Include entries to close net income to Retained Earnings.)(List all debit entries before credit entries. 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 0 for the amounts. Record entries in the order displayed in the problem statement.)
Date
Account Titles and Explanation
Debit
Credit

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