Question: On January 1 , 2 0 2 4 , Pukalanl Corporation had 8 7 , 0 0 0 common shares, recorded at $ 5 9

On January 1,2024, Pukalanl Corporation had 87,000 common shares, recorded at $591,600, and retalned earnings of $1 million.
During the year, the following transactlons occurred:
Apr. 2 Issued 5,100 common shares at $20 per share.
June 15 Declared a cash dlvidend of $0.15 per share to common shareholders of record on June 30, payable on July 10.
Aug. 21 Declared a 5% stock dlvidend to common shareholders of record on September 5, distrlbutable on September 20.
The shares were trading for $22 a share on August 21,$24 on September 5, and $27 on September 20.
Nov. 1 Issued 3,300 common shares at $24 per share.
Dec. 20 Declared a cash dividend of $0.20 per share to common shareholders of record on December 31, payable on January
(a) Record the above transactlons for 2024.(List all debit entries before credit entries. Record journal entries in the order presented in the
problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter O for the amounts.)
Dividends Declarad
Common Shares
20407
NOTE: Please note that I am asking this same question second time because the first expert solution was not accurate 100%, sharing the link as well for your reference, kindly provide each entry which is applicable in this answer Thank you
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 On January 1,2024, Pukalanl Corporation had 87,000 common shares, recorded at

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