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been trying to get this question, no luck with any solution nor explanation from any sources, whether the textbook, videos, or helpers. Current Attempt in

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Current Attempt in Progress On January 1, 2022, Larkspur, Inc. had the following stockholders' equity accounts. $1,186,000 Common Stock ($20 par value, 59,300 shares issued and outstanding) Pald-in Capital in Excess of Par-Common Stock Retained Earnings 204,000 621,000 Mar. 1 During the year, the following transactions occurred Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1, Paid the dividend declared in February Apr. 1 Announced a 2 for 1 stock split. Prior to the split, the market price per share was $39. July 1 Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1 the market price of the stock was 515 per share. 31 Issued the shares for the stock dividend, Declared a $0,30 per share dividend to stockholders of record on December 15, payable January 5, 2023 Determined that net income for the year was $355,000 Dec 1 31 Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Use T-accounts.) (N stockholders' equity accounts as needed.) (Post entries in the order of Journal entries presented in the previous po closing balances even in case of zero balance.) Common Stock V Retained Earnings > V Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Cash Dividends > Stock Dividends

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