Question: Please help me answer these 2 questions!!! 5. Company ABC declared a 30 cent per share cash dividend on 400,000 shares of $8 par value

Please help me answer these 2 questions!!!  Please help me answer these 2 questions!!! 5. Company ABC declared
a 30 cent per share cash dividend on 400,000 shares of $8

5. Company ABC declared a 30 cent per share cash dividend on 400,000 shares of $8 par value common stock on November 15,2022. The record date was December 1nt,2022. Dividends were then paid on January 5th,2023. Record the journal entries (2nts). 7. Traci Co, had the following transactions during the current period (5pts). - Mar 2: Issued 5,000 shares of $4 par value common stock for $30,000. - June 12: Issued 60,000 shares of $4 par value common stock for cash of $370,000 - July 11: Issued 1,000 shares of $100 par value preferred stock for cash at $112 per share. - Dec 1: Purchased 5,000 of their own shares at $8 per share. - Dec 10: Sold 1000 shares of treasury stock at $10 per share

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