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2. Start with the Capital Stock and Capital in Excess of Par Value columns on the Consolidated Statement of Equity for Ford Motor Company. We

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2. Start with the Capital Stock and Capital in Excess of Par Value columns on the Consolidated Statement of Equity for Ford Motor Company. We see that Capital in Excess of Part increased $125 mill, but the par value account did not change. We can also see on the cash flow statement that no stock was issued. Since the line item says that the increase to the account includes share-based compensation impacts, we will assume that the entire amount is for share-based comnensation Show the iournal entrv here. (4 points) 3. Move to the Retained Earnings Column. Show the journal entry to close out net income to Retained Earnings. (4 points) FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY (in miltions) Equity Attributable to Ford Motor Company Balance at December 31,2017 wsoption of accounting standweds: Net incomes. Ther comprehensive incomerloss), net of tix Cominon slock issund (a) Treasury stockiother Dindend and dindend equratents decdved (b). Balance at December 31,2018 2. Start with the Capital Stock and Capital in Excess of Par Value columns on the Consolidated Statement of Equity for Ford Motor Company. We see that Capital in Excess of Part increased $125 mill, but the par value account did not change. We can also see on the cash flow statement that no stock was issued. Since the line item says that the increase to the account includes share-based compensation impacts, we will assume that the entire amount is for share-based comnensation Show the iournal entrv here. (4 points) 3. Move to the Retained Earnings Column. Show the journal entry to close out net income to Retained Earnings. (4 points) FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY (in miltions) Equity Attributable to Ford Motor Company Balance at December 31,2017 wsoption of accounting standweds: Net incomes. Ther comprehensive incomerloss), net of tix Cominon slock issund (a) Treasury stockiother Dindend and dindend equratents decdved (b). Balance at December 31,2018

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