Assume Frelix Construction Ltd completed the following

selected transactions during #8363

Assume Frelix Construction Ltd completed the following selected transactions during

Assume Frelix Construction Ltd. completed the following selected transactions during the year
2017:

Apr. 19 Declared a cash dividend on the $8.50 preferred shares (3,000 shares outstanding).
Declared a $2.00 per share dividend on the 100,000 common shares outstanding. The date of
record was May 2, and the payment date was May 25.

May 25 Paid the cash dividends.

Jun. 7 Split the company's 100,000 common shares 2 for 1; one new common share was issued
for each old share held.

Jul. 29 Declared a 5 percent stock dividend on the common shares to holders of record on
August 22, with distribution set for September 9. The market value was $36.00 per common
share.

Sep. 9 Issued the stock dividend shares.

Nov. 26 Repurchased 5,000 of the company's own common shares at $40.00 per share. They
had an average issue price of $28.00 per share.

Required

Record the transactions in the general journal.

Assume Frelix Construction Ltd completed the following selected transactions during

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