DO NOT GIVE SOLUTION IN IMAGE FORMAT Current Attempt in ProgressOn January 1, Pina Colada Corp. had 62,100 shares of no-par common stock issued and outstanding. The stock has a stated value of $4per share. During the year, the following transactions occurred.Apr.JuneJulyDec.1P151Dec. 1510Issued 14,400 additional shares of common stock for $12 per share.Declared a cash dividend of $1.50 per share to stockholders of record on June 30.Paid the $1.50 cash dividend.Issued 6,400 additional shares of common stock for $13 per share.Declared a cash dividend on outstanding shares of $1.70 per share to stockholders of record on December 31.Prepare the entries on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Creditaccount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for theaccount tities and enter O for the amounts. List all debit entries before credit entries)DateAccount Titles and ExplanationMacBook AirDebitCredit

Journal entries is the primary step to record the transaction in the books of accounts. The…

Current Attempt in Progress On January 1, Pina Colada Corp. had 62,100 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Issued 14,400 additional shares of common stock for $12 per share. Declared a cash dividend of $1.50 per share to stockholders of record on June 30. Paid the $1.50 cash dividend. Issued 6,400 additional shares of common stock for $13 per share. Dec. 15 Declared a cash dividend on outstanding shares of $1.70 per share to stockholders of record on December 31. Apr. June July Dec. 1 15 10 1 (a) Prepare the entries on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Date Debit Credit