申論題

Instructions For each of the independent situations, prepare the journal entry to record the retirement of the bonds. 六、On January 1, 2014, Dolan Corporation had 60,000 ordinary shares with a $1 par value issued and outstanding. During the year, the following transactions occurred: Mar. 1 Issued 20,000 ordinary shares for $400,000. June 1 Declared a cash dividend of $2 per share to shareholders of record on June 15. June 30 Paid the $2 cash dividen(D) De(C) 1 Purchased 4,000 ordinary shares for the treasury for $22 per shar(E) De(C) 15 Declared a cash dividend on outstanding shares of $2.25 per share to shareholders of record on December 31. Instructions Prepare journal entries to record the above transactions.(10%)