Complete 1 page APA formatted essay: Transaction / Adjustment.Cash dividends are paid on the basis of outstanding shares i.e. no. of outstanding shares* per share value.1,250,000 * $0.15= $ 187500The issued shares are considered within the treasury share (treasury stock) accounts whereas the outstanding shares are considered within the outstanding stock account that leads to the difference between the two.At the end of the month, the company recognizes its rent obligation of $4000 which it has not yet paid. In the next month the company pays both the current month’s rent of $4000 and pays the previous month’s rent which it had accrued