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1 Western Wear Clothing issues 1100 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming the Issue price is

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1 Western Wear Clothing issues 1100 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming the Issue price is $11 per share, record the issuance of common stock, no entry is required for a transaction/event, select "No journal entry required in the first account field) View transaction that Journal entry worksheet w Record the issuance of common stock Print 0 ferences Note Entert before Transaction General Journal Debit Record entry Clear entry View general journal 2 Rachel's Designs has 1000 shares of 6%, $50 par value cumulative preferred stock issued at the beginning of 2016. All remaining shares are common stock. Due to cash flow difficulties, the company was not able to pay dividends in 2016 or 2017. The company plans to pay total dividends of $10,000 in 2018. How much of the $10,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders? 3 nts Skipped Preferred dividends for 2018 Preferred dividends in areas for 2016 and 2017 Remaining dividends to common stockholders Total dividends eBook $ Print eferences 3 California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $18 per share. Later in the year the company decides to repurchase 100 shares at a cost of $21 per share. Precord the purchase of treasury stock. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) *3 int theed View transaction list BOOM Journal entry worksheet Print Record the purchase of treasury stock. References Note er det foreret Debit Credit General Journal Transaction 1 Record entry Clear entry View general Journal 4 Callfornia Surf Clothing Company issues 1,000 shares of $1 par value common stock at $26 per share. Later in the year, the company decides to repurchase 100 shares at a cost of $29 per share. Record the transaction If California Surf reissues the 100 shares of treasury stock at $31 per share. ff no entry is required for transaction/event, select "No journal entry required in the first account field.) ped View transaction list Book Journal entry worksheet > Record the sale of treasury stock. ferences Note: Enter debit before credits Transaction General Journal Dell Credit Record entry Clear entry View general Journal 6 Summit Apparel has the following accounts at December 31 Common Stock, St par value. 100,000 shares issued, Additional Paid in Capital $16.90 million Retained Earnings $9.90 million and Treasury Stock, 49,000 shares S1070 million Prepare the stockholders' equity section of the balance sheet (Amounts to be deducted should be indicated by a minus an Inter your answer in dollars, not millions , 55.5 million should be entered as 5.500,000) .73 SUNT APPAREL (tockholders' Equity Section December Stockholders' equity Prins Total paid in capital Heterences 5 D Total stockholders' equity

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