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At September 30, the end of Beijing Company's third quarter, the following stockhol Common stock, $10 par value Paid-in capital in excess of par value,
At September 30, the end of Beijing Company's third quarter, the following stockhol Common stock, $10 par value Paid-in capital in excess of par value, common stock Retained earnings $ 420, eee 120,000 380,000 In the fourth quarter, the following entries related to its equity are recorded Date Oct. 2 General Journal Retained Earnings Debi 60, In the fourth quarter, the following entries related to its equity are recorded: Date Oct. 2 Credit General Journal Retained Earnings Common Dividend Payable Debit 60,000 60,000 Oct. 25 Common Dividend Payable Cash 60, een 60,000 Oct. 31 87,000 Retained Earnings Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Common Stock 42,000 45,000 Nov. 5 Common Stock Dividend Distributable Common Stock, $10 Par Value 42,000 42,000 Dec. 1 Memo-Change the title of the common stock account to reflect the new par value of $4. Dec. 31 Income Summary Retained Earnings 300,000 300,000 Required: 2. Complete the following table showing the equity account balances at each indicated date. Dec. 1 Memo-Change the title of the common stock account to reflect the new par value of $4. Dec. 31 Income Summary Retained Earnings 300,000 300,000 Required: 2. Complete the following table showing the equity account balances at each indicated date. Oct. 2 Oct. 25 Oct. 31 Nov. 5 Dec. 1 Dec.31 Common stock Common stock dividend distributable Paid-in capital in excess of par, Common stock Retained earnings Total equity $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Prey 1 of 4 Next > HE H earch
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