At December 31, 2021, Pioneer Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). (Click the icon to view the data.) Pioneer's 2022 transactions included (Click the icon to view the transactions.) Requirements 1. Journalize Pioneer's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the pverall effect of these transactions (frarts a-e) on Pioneer's stockholders' equity? Requirement 1. Journalize Pioneer's transactions in b, c, d, and e. Explanations are not required. (Enter amounts in millions as provided to you in the problem statement. Record debits first, then credits. Exclude explanations from any joumal entries.) b. Issuance of 4 million shares of common stock for $13.00 per share. c. Purchase of 7 million shares of treasury stock for $98 million. d. Sold 4 million of the treasury shares purchased in part c for $60 million e 1. Declaration and payment of cash dividends of $35 million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the dividend next. e 2. Declaration and payment of cash dividends of $35 million. Now journalize the payment of the cash dividends. e 2. Declaration and payment of cash dividends of $35 million. Now journalize the payment of the cash dividends. Requirement 2. What was the overall effect of these transactions (parts a through e) on Pioneer's stockholders' equity? (Enter a net decrease with a minus sign or parentheses.) The overall net increase (decrease) on stockholders' equity, in millions, is At December 31, 2021, Pioneer Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). (Click the icon to view the data.) Pioneer's 2022 transactions included (Click the icon to view the transactions.) Requirements 1. Journalize Pioneer's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the pverall effect of these transactions (frarts a-e) on Pioneer's stockholders' equity? Requirement 1. Journalize Pioneer's transactions in b, c, d, and e. Explanations are not required. (Enter amounts in millions as provided to you in the problem statement. Record debits first, then credits. Exclude explanations from any joumal entries.) b. Issuance of 4 million shares of common stock for $13.00 per share. c. Purchase of 7 million shares of treasury stock for $98 million. d. Sold 4 million of the treasury shares purchased in part c for $60 million e 1. Declaration and payment of cash dividends of $35 million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the dividend next. e 2. Declaration and payment of cash dividends of $35 million. Now journalize the payment of the cash dividends. e 2. Declaration and payment of cash dividends of $35 million. Now journalize the payment of the cash dividends. Requirement 2. What was the overall effect of these transactions (parts a through e) on Pioneer's stockholders' equity? (Enter a net decrease with a minus sign or parentheses.) The overall net increase (decrease) on stockholders' equity, in millions, is
