record journal entries

he equity sections for OnPoint Group at the beginning of the year (January 1) and end of the year (December 31 ) follow. Declared a $0.60 per share cash dividend, payable on January 10. Note: Enter debits before credits. Record payment of the January 5 dividend. Note: Enter debits before credits. Purchased treasury stock for cash. Hint: Use information from the December 31 Stockholders' equity statement. Entry to restrict retained earnings is not required. Note: Enter debits before credits. Declared a $0.60 per share cash dividend, payable on April 10 . Note: Enter debits before credits. Record payment of the April 5 dividend. Note: Enter debits before credits, Declared a $0.60 per share cash dividend, payable on July 10. Note: Enter debits before credits. Record payment of the July 5 dividend. Note: Enter debits before credits. Declared a 12% stock dividend when the stock's market value is $18 per share. Note: Enter debits before credits. Issued the stock dividend that was declared on July 31. Note: Enter debits before credits. Declared a $0.60 per share cash dividend, date of record October 10 . Note: Enter debits before credits. Record payment of the October 10 dividend. Note: Enter debits before credits. Close income summary to retained earnings. Note: Enter debits before credits