Botes for Sale Corporate Transactions Morto Entries the manufactures bathroom fixtures. The students of Horrow intern with balance anlama 12 Common Stocksted valu 850.000 shares authorised, 500,000 shares 35.000 Foldin Capital in Excess of State Valve Common Stock 1.050.000 attis 120.000 Trey Stoc56,000 sacos 7.000 The following the transactions occurred during the Jan 22 Pad cash dividends.0.13 per share the common to the dividend had been property recorded who de December of the preceding factor for 165.520 A 10.105.000 sharofano oko 10,000 une sold of the true for 2.000 My Deared to divnom to be the nation of the stock Who 15 the criticates for the end deals NH TH (1) A 1 1 1 1 1 1 1 1 1 1960. De bedard 10,16 hare divided on stock 51 Closed credence of income may account, 33.240.000 anded the two dividend count to retained in egit 1. The bandes have been discours for the second quity accounts Record the above transactions at balance warrate Common Stock Jan. 1 Bal. 5,600,000 1,050,000 Apr. 10 332,500 x Aug. 15 Dec. 31 Bal. Paid-In Capital in Excess of Stated Value-Common Stock Jan. 1 Bal. 1,050,000 Apr. 10 July 5 Dec. 31 Bal. Retained Earnings Jan. 1 Bal. 12,710,000 Dec. 31 Bal. Treasury Stock Jan. 1 Bal. 784,000 e Dec. 31 Bal Paid-In Capital from Sale of Treasury Stock Stock Dividends Distributable Stock Dividends a Cash Dividends 2. Journalize the entries to record the transactions for a compound transaction, an amount box does not require an entry leave it bank Jan. 22. Dald cash dividends of $0.13 per Share on the commons. The dividend had been properly recorded when declared on December 1 of the preceding tecal year for $65.520 Date Account Debit Credit Jan 22 Apr. 10. Issued 195,000 shares of common stock for $1,090,000 Date Account Debit Credit Mar 10 June. Sold of the stock for $952,000 Account Debit Credit July 5. Declared a 4% stock dividend on common stock, to be capitalized at the market price of the stock, which is $20 per share. Date Account Debit Credit Duly 5 Aug. 15. Issued the certificates for the dividend declared on July s. Date Account Debit Credit Aug. 15 Nov. 23. Purchased 35,000 shares of treasury stock for $665,000. Date Account Debit Credit Nov. 23 Dec. 28. Declared a $0.16-per-share dividend on common stock. Debit Credit Date Account Dec. 28 Dec. 31. Closed the credit balance of the income summary account. 519.218.000 Date Account Debit Credit Dec 31 Dec. 31. Closed the two dividends accounts to Retained Earnings Date Account Debit Credit Dec 31 3. Prepare and caring for the ended December 31, 2015. Assume that Morrow Enter Inc had net income for the year wided December 31, 2015 1,210,000 Retained obava Dividende 4. Prepare the stockholders uk sachon of the December 1, 207, balance sheet 4. Prepare the Stockholders' Equity section of the December 31, 2015, balance sheet. Morrow Enterprises Inc. Stockholders' Equity As of December 31, 2015 Paid-In-Capital: $ Total Paid-In Capital Total Total Stockholders' Equity Faith Botes for Sale Corporate Transactions Morto Entries the manufactures bathroom fixtures. The students of Horrow intern with balance anlama 12 Common Stocksted valu 850.000 shares authorised, 500,000 shares 35.000 Foldin Capital in Excess of State Valve Common Stock 1.050.000 attis 120.000 Trey Stoc56,000 sacos 7.000 The following the transactions occurred during the Jan 22 Pad cash dividends.0.13 per share the common to the dividend had been property recorded who de December of the preceding factor for 165.520 A 10.105.000 sharofano oko 10,000 une sold of the true for 2.000 My Deared to divnom to be the nation of the stock Who 15 the criticates for the end deals NH TH (1) A 1 1 1 1 1 1 1 1 1 1960. De bedard 10,16 hare divided on stock 51 Closed credence of income may account, 33.240.000 anded the two dividend count to retained in egit 1. The bandes have been discours for the second quity accounts Record the above transactions at balance warrate Common Stock Jan. 1 Bal. 5,600,000 1,050,000 Apr. 10 332,500 x Aug. 15 Dec. 31 Bal. Paid-In Capital in Excess of Stated Value-Common Stock Jan. 1 Bal. 1,050,000 Apr. 10 July 5 Dec. 31 Bal. Retained Earnings Jan. 1 Bal. 12,710,000 Dec. 31 Bal. Treasury Stock Jan. 1 Bal. 784,000 e Dec. 31 Bal Paid-In Capital from Sale of Treasury Stock Stock Dividends Distributable Stock Dividends a Cash Dividends 2. Journalize the entries to record the transactions for a compound transaction, an amount box does not require an entry leave it bank Jan. 22. Dald cash dividends of $0.13 per Share on the commons. The dividend had been properly recorded when declared on December 1 of the preceding tecal year for $65.520 Date Account Debit Credit Jan 22 Apr. 10. Issued 195,000 shares of common stock for $1,090,000 Date Account Debit Credit Mar 10 June. Sold of the stock for $952,000 Account Debit Credit July 5. Declared a 4% stock dividend on common stock, to be capitalized at the market price of the stock, which is $20 per share. Date Account Debit Credit Duly 5 Aug. 15. Issued the certificates for the dividend declared on July s. Date Account Debit Credit Aug. 15 Nov. 23. Purchased 35,000 shares of treasury stock for $665,000. Date Account Debit Credit Nov. 23 Dec. 28. Declared a $0.16-per-share dividend on common stock. Debit Credit Date Account Dec. 28 Dec. 31. Closed the credit balance of the income summary account. 519.218.000 Date Account Debit Credit Dec 31 Dec. 31. Closed the two dividends accounts to Retained Earnings Date Account Debit Credit Dec 31 3. Prepare and caring for the ended December 31, 2015. Assume that Morrow Enter Inc had net income for the year wided December 31, 2015 1,210,000 Retained obava Dividende 4. Prepare the stockholders uk sachon of the December 1, 207, balance sheet 4. Prepare the Stockholders' Equity section of the December 31, 2015, balance sheet. Morrow Enterprises Inc. Stockholders' Equity As of December 31, 2015 Paid-In-Capital: $ Total Paid-In Capital Total Total Stockholders' Equity Faith