Prepare journal entries to record the following transactions for a corporation for the current year. January...

 

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Prepare journal entries to record the following transactions for a corporation for the current year. January 3 Issued 33,600 shares of $2 par value common stock at $22 cash per share. Declared cash dividends payable to common stockholders of $32,400 to the November 20 November 8 stockholders of record. December 1 Paid the dividends declared on November 8. December 15 Purchased 1,120 shares of its own common stock at $25 per share. View transaction list Journal entry worksheet 1 2 3 4 Issued 33,600 shares of $2 par value common stock at $22 cash per share. Note: Enter debits before credits. Date January 03 General Journal Debit Credit Record entry Clear entry View general journal > Prepare journal entries to record the following transactions for a corporation for the current year. January 3 Issued 33,600 shares of $2 par value common stock at $22 cash per share. Declared cash dividends payable to common stockholders of $32,400 to the November 20 November 8 stockholders of record. December 1 Paid the dividends declared on November 8. December 15 Purchased 1,120 shares of its own common stock at $25 per share. View transaction list Journal entry worksheet 1 2 3 4 Issued 33,600 shares of $2 par value common stock at $22 cash per share. Note: Enter debits before credits. Date January 03 General Journal Debit Credit Record entry Clear entry View general journal >