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Calculator Print Item Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as fellows. Journalize the transactions. If no entry Is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave It blank. Jan. B. Split the common stock 2 for 1 and reduced the par from $56 to $18 per share. After the spilt, there were 14:4,009 common shares outstanding. Jan. B No Entry Required No Entry Required Apr. 30. Declared semiannual dividends of $1:50 per share on 10,000 shares of preferred stock and $0.16 per share on the common stock payable on July 1. Apr. 30 Cach Dividends Cash Dividends Payable July 1. Pald the cash dividends. July 1 Cash Dividends Payable Cash Oct. 31. Declared semiannual dividends of $1.50 per share on the preferred stock and $0.05 per share on the common stock (before the stock dividend) In addition, a 2%% common stock dividend was declared on the common stock outstanding. . The fair marjost value of the common stock is estimated at 150. Out. 31 Cash Dividends Cash Dividends Payable Oct. 31 Stock Dividends Mock Dividends Distributable Pald-In Capital In Excess of Par-Common Stock ( Previous Next ) All work saved