View Policies Current Attempt in Progress On January 1, Sandhill Corporation had 90,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following occurred. 1 Issued 29,500 additional shares of common stock for $18 per share. Apr. June 15 Declared a cash dividend of $3 per share to stockholders of record on June 30. July Dec. 10 Paid the $3 cash dividend. Issued 2.000 additional shares of common stock for $20 per share. 1 15 Declareda cash dividend on outstanding shares of $3.70 per share to stockholders of record on December 31. (a) Prepare the entries to record these transactions. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record Journal entries In the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not Indent manualy.) Account Titles and Explanation Date Debit Credit Apr. 1 Cash Common Stock Paid-in Capital in Excess of Par-Common Stock lune 15 Cash Dividends Common Stock Paid-in Capital in Excess of Par-Common Stock June 15 Cash Dividends Cash Dividends Cash Dividends July 10 Cash Dec. 1 Cash Common Stock Paid-in Capital in Excess of Par-Common Stock Dec. 15 Cash Dividends Cash Dividends eTextbook and Media