* More Info Jan Declared a cash dividend on the 13,000 shares of S3, no par preferred stock outstanding. Declared a S0.70 per share dividend on the 18,000 shares of common stock outstanding. The date of record is January 17, and the payment date is January Jan 20 Paid the cash dividends. Mar 21 Split common stock 2 for 1 by calling in the 18.000 shares of $4 par common stock and issuing new stock in its place Aar 18 Declared and distributed a 10% stock dividend on the common stock. The market value of the common stock was $32 per share. Jun 18 Purchased 5,000 shares of treasury common stock at $34 per share Dec 22 Sald 2 500 shares of treasury common stock for $35 per share Print Done 1. Record the transactions in the journal. (Record debits first, then credits. Exclude explanations from any journal entries. If no journal entry is req Jan 6: Declared a cash dividend on the 13,000 shares of $3, no par preferred stock outstanding. Declared a $0.70 per share dividend on the 18. Start by preparing the necesary entry on the date of declaration January 6. (Prepare a compound entry.) Journal Entry Accounte Debit Credit Date 6 Jan Jan 20: Paid the cash dividends. Journal Entry Accounts Credit Date 20 Jan Mar 21: Split common stock 2 for 1 by calling in the 18,000 shares of S4 par common stock and issuing new stock in its place Journal Entry Accounte Date Debit Credit Mar 21 Apr 18: Declared and distributed a 10% stock dividend on the common stock. The market value of the common stock was $32 per share. Journal Entry Accounts Debit Credit Date Apr 18 Jun 18: Purchased 5,000 shares of treasury common stock at $34 per share. Journal Entry Accounts Date Debit Credit Dec 22: Sold 2,500 shares of treasury common stock for $35 per share. Journal Entry Accounts Dabit Credit Dec 22