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account. ember 31, 2015. Uses howing your computer Instructions a. Prepare in general journal form the entries to record the above transaction b. Prepare the

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account. ember 31, 2015. Uses howing your computer Instructions a. Prepare in general journal form the entries to record the above transaction b. Prepare the stockholders' equity section of the balance sheet at Decembe format illustrated in Exhibit 12-6. Include a supporting schedule showing of retained earnings at that date. c. Compute the maximum cash dividend per share that legally could be decla ber 31, 2015, without impairing the paid-in capital of Greene, Inc. (Hint: retained earnings for dividends is restricted by the cost of treasury stock owne ould be declared at Deum (Hint: The availability isted below are five events Hot Water, Inc., manufactures a variety of dry cleaning equipment. Listed below are that occurred during the current year: 1. Declared a $5 per share cash dividend. 2. Paid the cash dividend. 3. Purchased 1,000 shares of treasury stock for $37 per share. 4. Reissued 600 shares of the treasury stock at a price of $36 per share. 5. Declared a 5 percent stock dividend. Instructions a. Indicate the effects of each of these events on the financial measurements listed in the column headings listed below. Use the following code letters: I for increase, D for de and NE for no effect. Current Assets Stockholders' Equity Net Income Net Cash Flow (from any sourc Event

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