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A The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following
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The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, payable on January 10. March 20 Purchased treasury stock for cash. April 5 Declared a $0.50 per share cash dividend, payable on April 10. July 5 Declared a $0.50 per share cash dividend, payable on July 10. July 31 Declared a 208 stock dividend when the stock's market value was \$12 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $0.50 per share cash dividend, date of record October 10. Journal entry worksheet Declared a $0.50 per share cash dividend, payable on January 10. Note: Enter debits before credits. Journal entry worksheet \\ \hline \end{tabular} Calculate the dollar amount of each cash dividend. Calculate the amount of retained earnings to be capitalized as a result of the stock dividend. The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, payable on January 10. March 20 Purchased treasury stock for cash. April 5 Declared a $0.50 per share cash dividend, payable on April 10. July 5 Declared a $0.50 per share cash dividend, payable on July 10. July 31 Declared a 208 stock dividend when the stock's market value was \$12 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $0.50 per share cash dividend, date of record October 10. Journal entry worksheet Declared a $0.50 per share cash dividend, payable on January 10. Note: Enter debits before credits. Journal entry worksheet \\ \hline \end{tabular} Calculate the dollar amount of each cash dividend. Calculate the amount of retained earnings to be capitalized as a result of the stock dividendStep by Step Solution
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