Debit Credit Common stock

Carlyon Company listed the following equity items on December 31, 2012:

During 2013, the following transactions occurred:

Dec 3 Answer Required                                                          Debit                                                Credit                                                       

Common stock to Be distributed                                            xxxxxx

Common stock, $10 par                                                                                                                  xxxxxx

Dec 28 Answer Required                                                       Debit                                      Credit

Retained Earnings                                                                     xxxxxx          

Dividends Payable Preferred                                                                                                 xxxxxx

Dividends Payable Common                                                                                                  xxxxxx