
In proper JE format, record the following transactions. Show all calculations 1. Record the sale on April 30, 2022, of 75,700 shares of Common Stock for $11,582,100 with a par value of $2.50 per share for Boris Corporation. 2. On May 15, 2022, Guido Incorporated had the following information. Preferred cumulative stock outstanding, 5%, par $25; 1,500 shares. Common stock outstanding, par $5; 10,000 shares. Record the declaration and payment of a cash dividend in the amount of $25,000. Dividends have not been paid for the last two years. Use a separate account for Preferred dividends and Common dividends. 3. On June 22, 2022, James Corporation issued 150,000 of common stock (new shares) with a par value of $10 in a stock dividend when the market value is $25 per share. A) Record the transaction assuming it is a small stock dividend. B) Record the transaction assuming it is a large stock dividend. 4. Record the transaction for Ladora Corporation which bought 75,000 shares of its own stock in the open market on August 15, 2022. The market price of the stock was selling for $25 per share. 5. Record the transaction for Ladora Corporation that sold 50,000 shares of its treasury stock in the open market for $27 per share on August 31, 2022. The treasury stock was originally purchased for $25 per share (#4 transaction above). Record the transaction.