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 2 for 1 and reduced the par from $40 to $20 per share. After the split, there were 105,000 common shares outstanding. Debit Credit Date Account Jan. 8 No Entry Required! No Entry Required 33 Feedback Check My Work Apr. 30. Declared semiannual dividends of $1.00 per share on 7,000 shares of preferred stock and $0.12 per share on the common stock payable on July 1. Account Date Apr. 30 Cash Dividends Debit Credit 19.600 Cash Dividends Payable 19,600 Feedback Check My Work July 1. Paid the cash dividends. Date Account Debit Credit July 1 Cash Dividends Payable 17.500 X Cash 13.300 X Oct. 31. Declared semiannual dividends of $1.00 per share on the preferred stock and $0.50 per share on the common stock (before the stock vidend). In addition, a 1% common stock dividend was declared on the common stack outstanding The fair market value of the common stock is estimated at $36 Date Account Oct. 31 Cash Golden Oct. 31 ck Dividends Debit Credit 37300x Dec. 31. d the addends and the crates for the common stock vidend Date Dec 31 Cash Pota Debit C Dec. 31 Ghent Grone