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In: Accounting
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current...
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 135,000 common shares outstanding.
| Jan. 8. | |||
Apr. 30. Declared semiannual dividends of $1.30 on 9,000 shares of preferred stock and $0.08 on the common stock payable on July 1.
| Apr. 30. | |||
July 1. Paid the cash dividends.
| July 1. | |||
Oct. 31. Declared semiannual dividends of $1.30 on the preferred stock and $0.06 on the common stock (before the stock dividend). In addition, a 3% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $50.
| Cash Dividends | |||
| Stock dividends | |||
Dec. 15. Paid the cash dividends and issued the certificates for the common stock dividend.
| Payment | |||
| Issuance | |||
Solutions
ekkarill92 answered 1 month agoRelated Solutions
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current...
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 $48 to $24 per
share. After the split, there were 126,000...
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current...
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 $42 to $14 per share. After the split, there
were 111,000 common shares outstanding.
Jan....
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current...
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 $28 to $14 per share. After the split, there
were 72,000 common shares outstanding.
Jan....
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current...
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
$42 to $14 per share. After the split, there were 111,000 common
shares outstanding.
Jan....
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:
Selected Dividend Transactions, Stock SplitSelected 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 $48 to $24 per share. After the split, there were 87,000 common shares outstanding.Jan. 8No...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:...
Selected transactions completed by Canyon Ferry Boating
Corporation during the current fiscal year are as follows:
Jan.
8
Split the common stock 2 for 1 and reduced the par from $80 to
$40 per share. After the split, there were 141,000 common shares
outstanding.
Apr.
30
Declared semiannual dividends of $0.80 on 16,500 shares of
preferred stock and $0.31 on the common stock payable on July
1.
Jul.
1
Paid the cash dividends.
Oct.
31
Declared semiannual dividends of $0.80...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:...
Selected transactions completed by Canyon Ferry Boating
Corporation during the current fiscal year are as follows: Jan. 8
Split the common stock 2 for 1 and reduced the par from $80 to $40
per share. After the split, there were 123,000 common shares
outstanding. Apr. 30 Declared semiannual dividends of $0.80 per
share on 16,500 shares of preferred stock and $0.27 per share on
the common stock payable on July 1. Jul. 1 Paid the cash dividends.
Oct. 31 Declared...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:...
Selected transactions completed by Canyon Ferry Boating
Corporation during the current fiscal year are as follows:
Jan.
8
Split the common stock 2 for 1 and reduced the par from $80 to
$40 per share. After the split, there were 141,000 common shares
outstanding.
Apr.
30
Declared semiannual dividends of $0.80 on 16,500 shares of
preferred stock and $0.31 on the common stock payable on July
1.
Jul.
1
Paid the cash dividends.
Oct.
31
Declared semiannual dividends of $0.80...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:...
Selected transactions completed by Canyon Ferry Boating
Corporation during the current fiscal year are as follows:
Jan.
8
Split the common stock 2 for 1 and
reduced the par from $80 to $40 per share. After the split, there
were 123,000 common shares outstanding.
Apr.
30
Declared semiannual dividends of
$0.80 on 16,500 shares of preferred stock and $0.27 on the common
stock payable on July 1.
Jul.
1
Paid the cash dividends.
Oct.
31
Declared semiannual dividends of
$0.80...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:...
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 3 for 1 and
reduced the par from $48 to $16 per share. After the split, there
were 135,000 common shares outstanding.
Jan. 8...
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