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Corporations - Journal entry?


Hey guys need some help on calculating these journal entries, thanks in advance.

http://img390.imageshack.us/img390/3669/...

22/Feb
Dr Share dividend $49,500
Cr Common share dividend distributable $6,600
Cr Additional paid-in capital (common) $42,900
(declared 10% shares dividend)

10/Mar
Dr Common share dividend distributable $6,600
Cr Common shares $6,600
(issue shares for share dividend)

03/Sept
Dr Cash $154,000
Cr Preferred shares $22,000
Cr Additional paid-in capital (preferred) $132,000
(preferred shares issued)

21/Nov
Dr Cash dividend $76,450
Cr Dividend payable $76,450
(authorised dividend)

05/Dec
Dr Dividend payable $76,450
Cr Cash $76,450
(payment of dividend)

31/Dec
Dr Retained earnings $33,000
Cr Income summary $33,000
(to close off income summary)

31/Dec
Dr Retained earnings $125,950
Cr Share dividend $49,500
Cr Cash dividend $76,450
(to close off dividends accounts)

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