Ralston Sports Corporation completed the following selected transactions during 2014:

Jan 6 Declared a cash dividend on the 10,000 $2.25 preferred shares outstanding.

Declared a $0.20 per share dividend on the 10,000 common shares outstanding. The date of record is January 17, and the payment date is January 20.

Jan 20 Paid the cash dividends.

Mar 21 Split the common shares 2-for-1 by calling in the 10,000 common shares and issuing new shares in their place.

Apr 18 Declared and distributed a 10% stock dividend on the common shares. The market value of the common shares was $27 per share.

Jun 18 Purchased 2,000 treasury common shares at $25 per share.

Requirement

Record the transactions in the journal.