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Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year. During the current yeat, the following transactions aflected its

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Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year. During the current yeat, the following transactions aflected its stockholders' equity accounts Jenuary 2 Direntorn deelared a 11.50 per thare caeh dividend payabin os rebruary as co the Feberiary 9 atoekholders of Tebtuary an Faid the dividend deelaced on dathury 7. Jaly 9 sold 1 , 4lle of ite trentiry ahares at t 30 eath per atare. Magust 27 sola 1, aso of ite tresbury sharen at 121 oash per whare. septenber 8 birectors deelared a 12 per mhare caeh dividend payoble an oetoher 22 to the septeober 23 stoeliolideri of oetobec 23 pard the alrideed deolared on Septeeber 7 . Required: 1. Prepere journal entries to record eech of these vansactions 2. Prepare a stotement of retained earnings for the current year ended December 31 3. Prepore the stockholders' equity section of the balance sheet as of December 31 of the current yeac. Complete this question by entering your answers in the tabs below. Feepare jecurnal entnes to record nach of these transactions Prepare journal entries to record each of these transactions. Journal entry worksheet 5678 Record the purchase of 3,700 shares of its own common stock for $25 cash per share. Note: fiter debits before credits. Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings for the current year ended December 31 . (Amounts to be deducted should be indicated by a minus sign.) mequirea: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the current year ended December 31. 3. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year. Complete this question by entering your answers in the tabs below. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year. (Amounts to be deducted should be indicated by a minus sign.)

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