On January 1, Tellier Corporation had 63,900 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.
Apr. 1 Issued 12,870 additional shares of common stock for $11 per share.
June 15 Declared a cash dividend of $1.80 per share to stockholders of record on June 30.
July 10 Paid the $1.80 cash dividend.
Dec. 1 Issued 6,480 additional shares of common stock for $13 per share.
Dec. 15 Declared a cash dividend on outstanding shares of $2.00 per share to stockholders of record on December 31.
Prepare the journal entries, if any, on each of the three dates that involved dividends.