Business, 17.01.2020 04:31, unknown6669

Winterborn manufacturing co. completed the following transactions during 2016:
jan 16. declared a cash dividend on the 4â%, â$100 par noncumulative preferred stock â(950 sharesâ outstanding). declared a $ 0.30 per share dividend on the 90,000 shares of â$10 par value common stock outstanding. the date of record is januaryâ 31, and the payment date is february 15.
feb. 15. paid the cash dividends. jun. 10. split common stock 2-for-1.july 30. declared a 50% stock dividend on the common stock. the market value of the common stock was $10 per share. aug. 15. distributed the stock dividend. oct. 26. purchased 1,400 shares of treasury stock at $9 per share. nov. 8. sold 700 shares of treasury stock for $11 per share. nov. 30. sold 500 shares of treasury stock for $6 per sharerequired: 1. record the transactions in winterborn's general journal.2. prepare the winterborn's stockholders' equity section of the balance sheet as of december 31, 2016.

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Winterborn manufacturing co. completed the following transactions during 2016:
jan 16. declar...