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, type "No Entry Required" and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank.

Jan. 8. Split the common stock 2 for 1 and reduced the par from $32 to $16 per share. After the split, there were 93,000 common shares outstanding.

Jan. 8	No Entry Required	fill in the blank 62fc1308ffaafda_2
	No Entry Required		fill in the blank 62fc1308ffaafda_4

Apr. 30. Declared semiannual dividends of $1.7 on 7,000 shares of preferred stock and $0.11 on the common stock payable on July 1.

Apr. 30	Cash Dividends	fill in the blank 8c60cbfd004cfc8_2
	Cash Dividends Payable		fill in the blank 8c60cbfd004cfc8_4

July 1. Paid the cash dividends.

July 1	Cash Dividends Payable	fill in the blank 830bdaf45f94064_2
	Cash		fill in the blank 830bdaf45f94064_4

Oct. 31. Declared semiannual dividends of $1.7 on the preferred stock and $0.08 on the common stock (before the stock dividend). In addition, a 1% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $29.

Cash Dividends	Cash Dividends	fill in the blank 2725f6053fa4062_2
	Cash Dividends Payable		fill in the blank 2725f6053fa4062_4
Stock dividends	Stock Dividends	fill in the blank 2725f6053fa4062_6	fill in the blank 2725f6053fa4062_7
	Stock Dividends Distributable	fill in the blank 2725f6053fa4062_9	fill in the blank 2725f6053fa4062_10
	Paid-In Capital in Excess of Par-Common Stock	fill in the blank 2725f6053fa4062_12	fill in the blank 2725f6053fa4062_13

Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividend.

Payment	Cash Dividends Payable	fill in the blank 51c8a2fb806bfa2_2
	Cash		fill in the blank 51c8a2fb806bfa2_4
Issuance	Stock Dividends Distributable	fill in the blank 51c8a2fb806bfa2_6
	Common Stock		fill in the blank 51c8a2fb806bfa2_8