Reference no: EM131759612

Question: January 1, Guillen Corporation had shares of no-par common stock issued and outstanding. The stock has a stated value of ss per hale. 90,500 share. During the year, the following occurred. Apr. 1 21,000 additional shares of common stock for $19 per share issued June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. July 10 Paid the $1 cash dividend. stock for $18 per share. December 31. Dec. 1 issued 2,500 additional shares of common stockholders of record on 15 Declared a cash dividend on outstanding shares of $4.30 per share to (a) titles and enter o for the amounts. Prepare the entries to record these transactions. (If no entry is required, select "No entry" account when isentered. Record journal entries in the order presented in the problem. Credit accoont titles are automatically indented amount indent.