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SON time remaining (30 minutes View Policies Current Attempt in Progress On January 1, 2020,...

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Accounting

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SON time remaining (30 minutes View Policies Current Attempt in Progress On January 1, 2020, Concord Corporation had 76,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Mar. 1 Issued 97.000 shares of common stock for $690.000 June 1 Declared a cash dividend of $2.00 per share to stockholders of record on June 15. June 30 Paid the $2.00 cash dividend. Dec. 1 Purchased 9,000 shares of common stock for the treasury for $19 per share. Dec. 15 Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Net income for 2020 amounted to $924,000 Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Record journal entrie the problem. I no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit MacBook Air 30 $ * 3 % 5 & 7 2 8 9 W E R T Y U S F H J K

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