On January 1, 2024, Benton Corporation had 83,000 common shares, recorded at $647,400, and retained earnings...

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On January 1, 2024, Benton Corporation had 83,000 common shares, recorded at $647,400, and retained earnings of $1 million. During the year, the following transactions occurred: Apr. 2 Issued 5,200 common shares at $20 per share. June 15 Aug. 21 Nov. 1 Dec. 20 Declared a cash dividend of $0.15 per share to common shareholders of record on June 30, payable on July 10. Declared a 5% stock dividend to common shareholders of record on September 5, distributable on September 20. The shares were trading for $22 a share on August 21, $24 on September 5, and $27 on September 20. Issued 3,100 common shares at $25 per share. Declared a cash dividend of $0.20 per share to common shareholders of record on December 31, payable on January 10. Record the above transactions for 2024. (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 O for the amounts.) Date Account Titles Apr. 2 June 15 July 10 Aug. 21 Sept. 20 Nov. 1 Dec. 20 Ind Media List of Accounts Debit Credit On January 1, 2024, Benton Corporation had 83,000 common shares, recorded at $647,400, and retained earnings of $1 million. During the year, the following transactions occurred: Apr. 2 Issued 5,200 common shares at $20 per share. June 15 Aug. 21 Nov. 1 Dec. 20 Declared a cash dividend of $0.15 per share to common shareholders of record on June 30, payable on July 10. Declared a 5% stock dividend to common shareholders of record on September 5, distributable on September 20. The shares were trading for $22 a share on August 21, $24 on September 5, and $27 on September 20. Issued 3,100 common shares at $25 per share. Declared a cash dividend of $0.20 per share to common shareholders of record on December 31, payable on January 10. Record the above transactions for 2024. (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 O for the amounts.) Date Account Titles Apr. 2 June 15 July 10 Aug. 21 Sept. 20 Nov. 1 Dec. 20 Ind Media List of Accounts Debit Credit