As well as above ^

Journal Entries- Jan 5- Record the declaration of a cash dividend of $4 per share.

Feb 28-Record the payment of the cash dividend.

July 6- Record the reissue of 1,688 shares of the treasury stock for $19 cash per share.

Aug 22- Record the reissue of 2,812 shares of the treasury stock for $12 cash per share.

Sep 5- Record the declaration of a cash dividend of $4 per share.

OCt 28- Record the payment of the cash dividend.

Dec 31- Record the entry to close the income summary account having a credit balance of $368,000.

Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$20 par value, 180,800 shares authorized, 45,800 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 990,000 se.ee 460.ee $1,440, eee In year 2018, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 4,580 shares of its own stock at $15 cash per share. Jan. 5 Directors declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 6 Sold 1,688 of its treasury shares at $19 cash per share. Aug. 22 Sold 2,812 of its treasury shares at $12 cash per share. Sept. 5 Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of record. Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the $368,898 credit balance (from net income) in the Income Summary account to Retained Earnings. Required: 1. Prepare journal entries to record each of these transactions for 2018. 2. Prepare a statement of retained earnings for the year ended December 31, 2018. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions for 2018. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 Record the purchase of 4,500 shares of its own common stock for $15 cash per share. Note: Enter debits before credits. General Journal Debit Credit Date Jan 01 Record entry Clear entry View general journal KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2018 KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2018 Total contributed capital Total stockholders' equity