Question: please help. im only taking this class as an elective and im so confused Assignment Instructions: Mustang Inc. completed the following stock-related transactions during 2020.

please help. im only taking this class as an elective and im so confused

Assignment Instructions: Mustang Inc. completed the following stock-related transactions during 2020. Record the transactions In a Mustang's general journal. If no entry is required, please state "no entry" or "n/a".
Jan. 25, 2020 Mustang declared a $70,000 cash dividend. The company currently has 3,000 shares of 4%, $175 par value cumulative preferred stock outstanding. The company did not pay any dividends in 2019. The company also has 100,000 shares of $1 par value common stock.
Feb. 15, 2020 Mustang paid the cash dividends.
July 5, 2020 The common stock split 2:1.
August 2, 2020 Declared and immediately distributed a 10% stock dividend on the common stock. The market value at the time of the stock dividend was $20 per share.
Oct. 10, 2020 Purchased 2,500 shares of treasury stock for $15 a share.
Oct. 31, 2020 Sold 750 shares of the treasury stock for $24 a share.
Nov. 22, 2020 Sold the remaining shares of treasury stock for $11 a share.

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