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At September 30, the end of Beijing Companys third quarter, the following stockholders equity accounts are reported. Common stock, $14 par value $ 420,000 Paid-in

At September 30, the end of Beijing Companys third quarter, the following stockholders equity accounts are reported.

Common stock, $14 par value $ 420,000
Paid-in capital in excess of par value, common stock 110,000
Retained earnings 360,000

In the fourth quarter, the following entries related to its equity are recorded.

Date General Journal Debit Credit
Oct. 2 Retained Earnings 60,000
Common Dividend Payable 60,000
Oct. 25 Common Dividend Payable 60,000
Cash 60,000
Oct. 31 Retained Earnings 67,000
Common Stock Dividend Distributable 32,000
Paid-In Capital in Excess of Par Value, Common Stock 35,000
Nov. 5 Common Stock Dividend Distributable 32,000
Common Stock, $14 Par Value 32,000
Dec. 1 MemoChange the title of the common stock
account to reflect the new par value of $4.
Dec. 31 Income Summary 280,000
Retained Earnings 280,000

Required: 2. Complete the following table showing the equity account balances at each indicated date.

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