11 Ex 2

Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions for 2017 View transaction list Journal entry worksheet 4 7 Record the purchase of 5,500 shares of its own common stock for $20 cash per share. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Journal entry worksheet 4 7 Record the declaration of a cash dividend of $6 per share. Note: Enter debits before credits. Date General Journal Debit Credit Jan 05 Record entry Clear entry View general journal Journal entry worksheet 4 7 Record the payment of the cash dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 28 Record entry Clear entry View general journal Journal entry worksheet Record the reissue of 2,063 shares of the treasury stock for $24 cash per share. Note: Enter debits before credits. Date General Journal Debit Credit Jul 06 Record entry Clear entry View general journal Journal entry worksheet Record the reissue of 3,437 shares of the treasury stock for $17 cash per share Note: Enter debits before credits. Date General Journal Debit Credit Aug 22 Record entry Clear entry View general journal Journal entry worksheet 4 7 Record the declaration of a cash dividend of $6 per share. Note: Enter debits before credits. Date General Journal Debit Credit Sep 05 Record entry Clear entry View general journal Journal entry worksheet Record the payment of the cash dividend Note: Enter debits before credits. Date General Journal Debit Credit Oct 28 Record entry Clear entry View general journal Journal entry worksheet 4 7 Record the entry to close the income summary account having a credit balance of $368,000. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Required 1 Required 2 Required 3 Prepare a statement of retained earnings for the year ended December 31, 2017. (Amounts to be deducted should be indicated by a minus sign KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2017 Required 1 Required 2 Required3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2017. KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2017 Total contributed capital Total stockholders' equity Required 2 Required 3