At September 30, the end of Beijing Companys third quarter, the following stockholders equity accounts are reported. Common stock, $12 par value $ 360,000 Paid-in capital in excess of par value, common stock 100,000 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 70,000 Common Dividend Payable 70,000 Oct. 25 Common Dividend Payable 70,000 Cash 70,000 Oct. 31 Retained Earnings 75,000 Common Stock Dividend Distributable 36,000 Paid-In Capital in Excess of Par Value, Common Stock 39,000 Nov. 5 Common Stock Dividend Distributable 36,000 Common Stock, $12 Par Value 36,000 Dec. 1 MemoChange the title of the common stock account to reflect the new par value of $4. Dec. 31 Income Summary 290,000 Retained Earnings 290,000 Required: 2. Complete the following table showing the equity account balances at each indicated date.

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

Common stock, $12 par value	$	360,000
Paid-in capital in excess of par value, common stock		100,000
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	70,000
	Common Dividend Payable		70,000
Oct. 25	Common Dividend Payable	70,000
	Cash		70,000
Oct. 31	Retained Earnings	75,000
	Common Stock Dividend Distributable		36,000
	Paid-In Capital in Excess of Par Value, Common Stock		39,000
Nov. 5	Common Stock Dividend Distributable	36,000
	Common Stock, $12 Par Value		36,000
Dec. 1	MemoChange the title of the common stock
	account to reflect the new par value of $4.
Dec. 31	Income Summary	290,000
	Retained Earnings		290,000

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

	Sep. 30 Beg. Bal.	Oct. 2	Oct. 25	Oct. 31	Nov. 5	Dec. 1	Dec.31
Common stock	$360,000
Common stock dividend distributable
Paid-in capital in excess of par, common stock	$100,000
Retained earnings	$360,000
Total equity	$820,000	$0	$0	$0	$0	$0	$0