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At the end of ABC Inc.'s 3rd fiscal quarter, the balance of stockholders' equity was stock Capital Common stocks, 60,000 issued Total stock Capital Retained
At the end of ABC Inc.'s 3rd fiscal quarter, the balance of stockholders' equity was stock Capital Common stocks, 60,000 issued Total stock Capital Retained Earnings Total stockholders' Equity $960,000 $960,000 $580,000 $1,540,000 In the fourth quarter, the following entries related to its equity accounts were recorded Date Oct 2 Account Title and Explanation Debit Credit Retained Earnings 110,000 Dividends Payable - Common 110,000 Oct 25 Dividends Payable - Common 110,000 Cash 110,000 Oct 31 Retained Earnings 140,000 Common Stock Dividends Distributable 140,000 Nov 5 Common stock Dividends Distributable 140,000 Common Stoc 140,000 Complete the following table showing the equity balances at each indicated date
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