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At the end of Papaya Inc.s third fiscal quarter in 2023, the shareholders equity section of the balance sheet was as follows. Shareholders' Equity Common
At the end of Papaya Inc.s third fiscal quarter in 2023, the shareholders equity section of the balance sheet was as follows. Shareholders' Equity Common Shares, unlimited authorized, 66,000 issued and outstanding $930,000 Retained Earnings $555,000 Total Shareholders Equity $1,485,000 In the fourth quarter of 2023, the following entries related to its equity accounts were recorded. Date Account Title and Explanation Debit Credit Nov 2 Retained Earnings 101,000 Dividends Payable 101,000 Nov 25 Dividends Payable 101,000 Cash 101,000 Nov 30 Retained Earnings 125,000 Common Stock Dividends Distributable 125,000 Dec 5 Common Stock Dividends Distributable 125,000 Common Shares 125,000 Complete the following table showing the equity balances at eac
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