eBook Calculator Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the transactions, If no entry is required, select "No Entry Required and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 2 for 1 and reduced the par from $36 to $18 per share. After the split, there were 117,000 common shares outstanding. Jan. 8 Feedback Check My Wor Review the effect of stock splits on equity accounts Apr. 30. Declared semiannual dividends of $1.50 per share on 8,000 shares of preferred stock and $0.10 per share on the common stock payable on July 1. Apr. 30 Cash Dividends Cash Dividends Payable Feedback Check My Work When a company declares a dividend it becomes legally binding. Check My Work 4 more Check My Work uses remaining Previous Next > Book Calculator ly 1. Pald the cash dividends. uly 1 Cash Dividends Payable Cash Dividends x Feedback Check My Work What are the stockholders' receiving from the corporation? E. 31. Declared semiannual dividends of $1.50 per share on the preferred stock and $0.07 per share on the common stock (before the stock dividend). In addition common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $32. t. 31 Cash Dividends Cash Dividends Payable t. 31 Stock Dividends Stock Dividends Distributable II II (11 10 Paid-In Capital in Excess of Par-Common Stock Feedback Check My Work On the date of declaration of a cash dividend, it becomes legally binding. How do stock dividends affect stockholders' equity? Previous Next My Work 4 more Check My Work uses remaining. eBook Calculator Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the transactions, If no entry is required, select "No Entry Required and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 2 for 1 and reduced the par from $36 to $18 per share. After the split, there were 117,000 common shares outstanding. Jan. 8 Feedback Check My Wor Review the effect of stock splits on equity accounts Apr. 30. Declared semiannual dividends of $1.50 per share on 8,000 shares of preferred stock and $0.10 per share on the common stock payable on July 1. Apr. 30 Cash Dividends Cash Dividends Payable Feedback Check My Work When a company declares a dividend it becomes legally binding. Check My Work 4 more Check My Work uses remaining Previous Next > Book Calculator ly 1. Pald the cash dividends. uly 1 Cash Dividends Payable Cash Dividends x Feedback Check My Work What are the stockholders' receiving from the corporation? E. 31. Declared semiannual dividends of $1.50 per share on the preferred stock and $0.07 per share on the common stock (before the stock dividend). In addition common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $32. t. 31 Cash Dividends Cash Dividends Payable t. 31 Stock Dividends Stock Dividends Distributable II II (11 10 Paid-In Capital in Excess of Par-Common Stock Feedback Check My Work On the date of declaration of a cash dividend, it becomes legally binding. How do stock dividends affect stockholders' equity? Previous Next My Work 4 more Check My Work uses remaining