Question: Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the transactions. If

 Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry

Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. 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. 8. Split the common stock 3 for 1 and reduced the par from $84 to $28 per share. After the split, there were 102,000 common shares outstanding. Jan. 8 Apr. 30. Declared semiannual dividends of $1.70 per share on 7,000 shares of preferred stock and $0.10 per share on the common stock payable on July 1. Apr. 30 July 1. Paid the cash dividerius. July Oct. 01. Declared senianual dividerius ul 51.70 per share on the prelerred stock and $0.08 per share on the communionsluck (belore the stock dividend). In addition, a 3% corturo sluck dividend was declared on the cornion slock outstanding. The lair matkel value ol the Consluck is estimated at $50. Oct. 31 Oct. 31 Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividend. Dec. 31 Dec. 31

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