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#18 starts with Alexander Prepare Unilever s journal entry, using its account titles to record the issuance of capital stock assuming that its entire par

image text in transcribed#18 starts with Alexander
Prepare Unilever s journal entry, using its account titles to record the issuance of capital stock assuming that its entire par value stock was issued on December 31,2012 for cash what were Unilever's 2013 dividends assuming that only dividends and income impact retained, profit for 2013 income 5,263? in the year 2016 the following transactions affected its stockholders' equity accounts jan 2 Purchased 3.000 shares of its own stock at $25 cash per share. Jan 7 Director, declared a SI .50 per share cash dividend payable on Feb. 28 to the Feb. 9 stockholder. of record. Feb 28 paid the dividend declared on January 7. july 9 Sold 1.200 of its treasury shares at $30 cash per share. Aug. 27 Sold 1.500 of its treasury shares at S20 cash per share. Sept 9 Directors declared a S2 per share cash dividend payable on October 22 to the September 23 stockholders of record. Oct 22 Paid the dividend declared on September 9. Dec. 31 closed the $52,000 credit balance (from net income) in the Income Summary account to Retained timings. Required Prepare journal entries to record each of these transactions for 2016. Prepare a statement of retained earnings for the year ended December 31.2016. Prepare the stockholders' equity section of the company's balance sheet as of December 31. 2016

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