airborne manufacturing co completed the following


Airborne Manufacturing, Co., completed the following transactions during 2012.

Jan 16              Declared a cash dividend on the 6%, $100 par preferred stock (2,000 shares issued and outstanding). Declared a $0.80 per share dividend on the common stock (100,000 shares issued, 92,000 shares 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, Airborne had issued 100,000 shares of $2 par common stock; 92,000 shares were outstanding.

Jul 30               Distributed a 25% stock dividend on the common stock (consider it a minor dividend).  The market value of the common stock was $20 per share.

Oct 26             Purchased 3,000 shares of treasury stock at $16 per share.

Nov 8              Sold 1,000 shares of the treasury stock purchased on October 26th for $19 per share.

Dec 30             Sold 2,000 shares of treasury stock purchased on October 26th for $10 per share.

Record the transactions in Airborne's general journal.

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Financial Accounting: airborne manufacturing co completed the following
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