A Requirements 1. Journalize Berlin Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $29,000. Print Print | Done ] Done Data Table TOTAL ASSETS . . . . . . . . . . . . . . . . 1 Assets Amount Current assets. . 33,700 Property and equipment, net..... 96,400 $ 130,100 Total assets. Liabilities and Equity Liabilities .. .................$ 39,000 Stockholders' equity: $0.15 cumulative preferred stock, $20 par, 900 shares issued 18,000 Common stock, $4 par, 5,800 shares issued 23,200 Paid-in capital in excess of parcommon 17,900 32,000 Retained earnings $ 130,100 Total liabilities and equity Print Done Requirement 1. Journalize Berlin Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 5,200 shares of common stock for $5 per share. Journal Entry Date Accounts Debit Credit Feb 13 26000 Cash Common Stock 20800 5200 Paid-in Capital in Excess of ParCommon Jun 7: Declared the regular cash dividend on the preferred stock. Journal Entry Accounts Date Debit Credit Jun 7 Preferred Stock 135 Dividends Payable 135 Jun 24: Paid the cash dividend. Journal Entry Accounts Date Debit Credit Jun 24 Dividends Payable 135 Cash 135 Aug 9: Declared and distributed a 10% stock dividend on the common stock. Market price of the common stock was $7 per share. Date Debit Aug 9 Journal Entry Accounts Retained Earnings Common Stock Paid-in Capital in Excess of Par-Common Oct 26: Reacquired 500 shares of common stock as treasury stock, paying $10 per share. Journal Entry Accounts Date Debit Credit Oct 26 Nov 20: Sold 300 shares of the treasury stock for $12 per share. Journal Entry Accounts Date Debit Credit Nov 20 Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. (Round your answer to the nearest whole dollar.) Journal Entry Date Accounts Debit Credit Dec 31 Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $29,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Berlin Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity: $ $ $ par par shares shares shares Total paid-in capital shares Total stockholders' equity