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P13-24A Summerborn Manufacturing, Co., completed the following transactions during 2012.

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P13-24A Journalizing stockholders' equity transactions
Summerborn Manufacturing, Co., completed the following transactions during 2012.
Jan 16 - Declared a cash dividend on the 5%, $100 par preferred stock
(900 shares outstanding). Declared a $0.30 per share dividend on the
80,000 shares of common stock outstanding. The date of record is January 31, ,
and the payment due date is February 15.
Feb 15 - Paid the cash dividends.
Jun 10 - Split common stock 2 for 1. Before the split, Summerborn had 80,000 shares
of $6 par common stock outstanding.
Jul 30 - Distributed a 50% stock dividend on the common stock. The market value
of the common stock was $9 per share.
Oct 26 - Purchased 1,000 shares of treasury stock at $13 per share.
Nov 8 - Sold 500 shares of treasury stock for $15 per share.
Nov30 - Sold 300 shares of treasury stock for $8 per share,

Requirement1. Record the transactions in Surnmerborn's general journal.

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