Question: need help with general journal entires Exer 22- Record the tollowing in the general journal: 2/15. Your Co. issued 9000 shares of preferred stock ($4

need help with general journal entires Exer 22- Record the tollowing inthe general journal: 2/15. Your Co. issued 9000 shares of preferred stockneed help with general journal entires

Exer 22- Record the tollowing in the general journal: 2/15. Your Co. issued 9000 shares of preferred stock ($4 per share par value) and received a total of $180000. 4/8- Your Co. issued 13500 shares of common stock ($2 per share par value) and received a total of $135000. 6/22- Your Co. paid $58320 in dividends declared last year 10/1- Your Co. declared a dividend of $0.5 per share on its $1 per share par value common stock. It issued 180000 shares, authorized 720000, & 162000 shares are outstanding 12/5 Your Co. purchased back 4500 shares of its own common stock (par value of $2 per share) paying a total of $112500. General Journal Date Account/Explanation Ciesi. 10/1/x1 (Declare S0.50 per share dividend) (Purchase back Your Co. stock) Exer 22- Record the following in the general journal: 2/15- Your Co. issued 9000 shares of preferred stock ($4 per share par value) and received a total of $180000. 4/8- Your Co. issued 13500 shares of common stock ($2 per share par value ) and received a total of $135000. 6/22- Your Co. paid $58320 in dividends declared last year. 10/1- Your Co. declared a dividend of $0.5 per share on its $1 per share par value common stock. It issued 180000 shares, authorized 720000, & 162000 shares are outstanding. 12/5- Your Co. purchased back 4500 shares of its own common stock (par value of $2 per share) paying a total of $112500. General Journal Date Account/Explanation Debit (Iissue 9000 shares preferred stock) 4/8/x1 (issue 13500 shares common stock) 6/22/X1 (Pay dividends) 10/1/x1

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