Exercise 14-01 a (Video) Your answer is partially correct. Try again. On January 1, Sandhill Corporation had 90,000 shares of no-par common stock issued and outstanding AD 1 June 15 July 10 Dec 1 15 Issued 28,500 additional shares of common stock for $16 per share. Declared a cash dividend of $1 per share to stockholders of record on June 30. Paid the $1 cash dividend. Issued 1,000 additional shares of common stock for $20 per share. Declared a cash dividend on outstanding shares of $4.20 per share to stockholders of record (a) Prepare the entries to record these transactions. (If no entry is required, select "No entry for the the problem. Credit account titles are automatically indented when amount is entered. Do no Date Account Titles and Explanation Debit Credit Cash 456000 Principles of Accounting 13e (ACC 171 CALCULATOR M FULL SCREEN PRINTER VERSION ssued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred. June 30 stockholders of record on December 31. Hect "No entry for the account titles and enter o for the amounts. Record journal entries in the order presente ount is entered. Do not indent manually.) Credit