At September 30, the end of Beijing Company€™s third quarter the following stockholders€™ equity accounts are reported.
Common stock, $ 12 par value . . . . . . . . . . . . . . . . . . . . . . . . $ 360,000
Paid- in capital in excess of par value, common stock . . . . . . 90,000
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320,000

In the fourth quarter, the following entries related to its equity are recorded:

Required
1. Explain the transaction(s) underlying each journal entry.
2. Complete the following table showing the equity account balances at each indicated date (include the balances from September30).

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Oct.2 Oct. 25 Oct. 31 Nov.5 Dec. I Dec. 31 Common stock dividend distributable Paid-in capital in excess of par, common stock ... Retained earnings . .