167. The dates of importance in connection with a cash dividend of $65,000 on a corporation’s common stock are January 15, February 15, and March 15. Journalize the entries required on each date. ...

167. The dates of importance in connection with a cash dividend of $65,000 on a corporation’s common stock are January 15, February 15, and March 15. Journalize the entries required on each date.

168. Vincent Corporation has 100,000 share of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $132 a share on June 30.

169. A corporation purchased for cash 5,000 shares of its own $10 par common stock at $34 a share. In the following year, it sold 2,000 of the treasury shares at $38 a share for cash.

(b)