On September 15, 2023, the Board of Directors of Crane Company declared a $0.80 per share cash dividend, payable on October 31to shareholders of record as of October 1. On the date of declaration, Crane Company had 221,000 common shares issued, of which12,000 were held in Treasury. On October 15, 2023, the company issued an additional 70,000 common shares for $5.85 each.Prepare all the required journal entries to record these transactions. (List all debit entries before credit entries. Credit account titles areautomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles andenter o for the amounts. Record journal entries in the order presented in the problem.)Date000Account Titles and ExplanationDebitwwwCreditNI

Name: On September 15, 2023, the Board of Directors of Crane Company declar
Uploaded: 2024-03-04T10:43:15.000Z
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Description: On September 15, 2023, the Board of Directors of Crane Company declared a $0.80 per share cash dividend, payable on October 31to shareholders of record as of October 1. On the date of declaration, Crane Company had 221,000 common shares issued, of w