Business, 28.07.2020 22:01 neariah24

Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 4,100 shares of no-par common stock for $16 per share.
May 15 Issues 200 shares of $10 par value, 3% preferred stock for $13 per share.
October 1 Declares a cash dividend of $0.30 per share to all stockholders of record (both common and pre
October 15 October 15 Date of record.
October 31 Pays the cash dividend declared on October 1.
Required: Record each of these transactions.

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Italian Stallion has the following transactions during the year related to stockholders' equity. Fe...

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