Airborne Manufacturing, co completed the following transactions during 2009 Jan

Question

Airborne Manufacturing, co completed the following transactions during 2009
Jan 16 declared a cash dividend on the 4%, $102 par preferred stock (1050 shares outstanding) Declared a $0.55 per share dividend on the 95,000 shares of common stock outstanding. The date of record is Jan 31 and the payment due date is Feb 15
Feb 15 Paid the cash dividends
Jun 10 Split common stock 2 for 1. Before the split Airborne had 95,000 shares of $10 par common stock outstanding
Jul 30 Distributed a 25% stock dividend on the common stock. The market value of the common stock was $10 per share.
Oct 26 Purchased 3000 shares of treasury stock at $15 per share
Nov 8 Sold 1,500 shares of treasury stock for $20 per share
Nov 30 Sold 1,500 shares to treasury stock for $9 per share

Explanation / Answer

OK here are the dates: 1st entry 1/16 2nd 2/15 3rd 7/30 4th 10/26 5th 11/8 6th 11/30

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