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1 (7.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec. 31, 2020: Common stock $10 par 50,000 shares

1 (7.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec. 31, 2020: Common stock $10 par 50,000 shares authorized, 30,000 shares insued and outstanding Pat in Captar in Excess of Par Value Common Stock $300,000 200,000 The following transactions occurred during 2021: Retained Earnings LE 20 Purchased 2,000 of its own shares for $ 15 per share 500,000 2.March 10 Declared a $t per share cash dividend on the outstanding common stock 3.ALO Paid the cash dividends declared early in March 10 AM20 Sot all breasury shares for $16 each Octt Declared 10% stock dividends on the outstanding common stock for the record of Nov. 1 and to be distributed on Dec 10. The market value of stock on Oct. 1 was $14 per share.. Dec 10 Distributed the shares which declared on Oct. 1. Dec 25 2mplemented a 2-for-1 stock spit, when the market value of stock was $26 per share NOTE: If there is no entry, please write: "NO ENTRY" Required: Prepare Joumal entries to record transactions that occurred during 2021 Sample on 1 January 2020 XYZ Company pays $10,000 cash to purchase land Land O Cash 10,000 10,000 the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac CLEARLY INDICATE THE DEBITS & CREDITS Paragraph v Arial 10pt E E (i) AN IQ F xxx ON FADER Copy wha par value of $1,000.00d the company received $900 000 in cash interest is paid seannually on 30 June and 31 December every year pee heal y Pope the aty to the pal entry to rent the bondsance on 2000 the best payment and the amortization of bond discount or prem on 300000 and the payment of bonds on 31/12/2024 2002 Compy 30000 to purchase CLEARLY INDICATE THE DENYS & CREDITS 7 T On January 1, 2018 Man Conny has 80 000 share of $10 par value Cumulative pred stick and 140,000 shares of common stock authorized wsand and outstanding at $0 par value The Company declared and pad cash d 2008 SAX 2005 The 200 Required in the bow do the amount of cash dividends debuted to each class of shares over the three years BIVS and E :: Dec. 21. Del 21. 2022 2019 F THE 200 14300 36000 8324.000 $282.000 $74100 $54,000 74.000 94000 44.000 6000 60.000 $324.000 212.000 1 one Jummer & Auto the year ending December 31, 2000 $56.000 2s for cano 000 at resting in 1000 gain 3. The ony Changes afectag and comment income and cash dividends pad At the actions anca Purchased new machines pay bonds payack, and ance common stock Pesurrec w be full set of canhos ung indirect method tir the year ended December 31, 2020 (PLEASE PROVIDE EACH AMOUNT/ITEM IN A SEPARATE LINE) Ix0 xx, 2

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