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AIM Inc. showed the following equity account balances on the December 31, 2019, balance sheet: Common shares, unlimited authorized shares, 1,028,500 shares issued and outstanding

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AIM Inc. showed the following equity account balances on the December 31, 2019, balance sheet: Common shares, unlimited authorized shares, 1,028,500 shares issued and outstanding Retained earnings $8,845.100 2,247,100 During 2020, the following selected transactions occurred: Feb. 1 Repurchased and retired 149,00 Con shares at $10.00 per share this is the first retirement recorded by ATM. May 15 Declared a 2:1 share split to shareholders of record on June 1. distributable June 15. Dec. 1 Declared a 10% share dividend to shareholders of record on December 10, distributable December 20. The market prices of the shares on December 1, December 10, and December 20 were $5.00 $7.10, and 55.90, respectively 20 Distributed the share dividend declared December 1. 31 Closed the credit balance of $1,064,804 in the Incone Summary account Required: a. Journalize the transactions above (assuming the retirements were the first ever recorded by AIM Inc). The company does not use a share dividends account (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet

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