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ASAP PLEASE $250,000 Problem #4: 20 points Kohler Corporation report the following components of stockholders' equity on December 31, 2020; Common stock - $10 par
ASAP PLEASE
$250,000 Problem #4: 20 points Kohler Corporation report the following components of stockholders' equity on December 31, 2020; Common stock - $10 par value, 100,000 shares authorized, 25,000 shares issued and outstanding Paid-in-capital in excess of par value, common stock Retained earnings Total stockholders' equity Prepare journal entries to record the following transactions in 2021. You do not need to provide explanations or the entries. 125,000 150,000 $525,000 a Jan 5: Purchased 1,000 shares of its own stocks at $20 cash per share. b. Jan 10: Directors declared a $2 per share cash dividend payable on Feb 1 C. Feb 28: paid the dividend declared on Jan 10 - Sep 5: Sold 500 of its treasury shares at $22 per share Step by Step Solution
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