bude hle d at IRWei Q7 ( $ G Below is the stockholders' equity section of the Withers Corporation balance sheet at the start of business on January 1, 2019: H3 X Common Stock: 2,000,000 shares authorized: 40,000 shares of $6 par value sock issued and outstanding $240,000 Common Stock-Additional Paid-in Capital: $2,160,000 $2,400,000 Retained Earnings: $3,600,000 Total Stockholders' Equity $6,000,000 The relevant transactions affecting Withers' Stockholders' Equity accounts in 2019 were as follows: Jan. 1: Issued 20,000 shares of $100 Par Value, 3% Preferred Stock Jan. 2: Declared a 2:1 Stock split Feb.1: Purchased equipment valued at $240,000 by issuing 8,000 shares of common Apr. 1: Declared and issued a 10% stock dividend when the common share price was $35. June 1: Reacquired 3,000 shares @ $40 per share. Dec. 15: Declared a $2 per dividend on the common that will be paid on December 30. Dec. 30: Paid the December 15 dividend Dec. 31: The 2019 net income for Withers was $940,000 REQUIRED: Make the necessary journal entries for each of the above dates. TB 11 12 : 72 0 31 3 0 2 E st- CH S . 100% TL X 2 + PROBLEM I: Below is the stockholders' equity section of the Withers Corporation balance sheet at the start of business on January 1, 2019: Common Stock: 2,000,000 shares authorized: 40,000 shares of S6 par value sock issued and outstanding: $240,000 Common Stock-Additional Paid-in Capital: 52.160.000 $2,400,000 Retained Earnings: $3,600,000 Total Stockholders' Equity $6,000,000 The relevant transactions affecting Withers' Stockholders' Equity accounts in 2019 were as follows: Jan. 1: Issued 20,000 shares of $100 Par Value, 3% Preferred Stock Jan. 2: Declared a 2:1 stock split Feb.1: Purchased equipment valued at $240,000 by issuing 8,000 shares of common stock. Apr.1: Declared and issued a 10% stock dividend when the common share price was $35. June 1: Reacquired 3,000 shares @ $40 per share. Dec. 15: Declared a 52 per dividend on the common that will be paid on December 30. Dec. 30: Paid the December 15th dividend. EN 100% issued and outstanding: Common Stock-Additional Paid-in Capital: $240,000 32,160,000 $2,400,000 $3,600,000 Retained Earnings: Total Stockholders' Equity $6,000,000 The relevant transactions affecting Withers' Stockholders' Equity accounts in 2019 were as follows: Jan. 1: Issued 20,000 shares of S100 Par Value, 3% Preferred Stock Jan. 2: Declared a 2:1 stock split Feb.1: Purchased equipment valued at $240,000 by issuing 8,000 shares of common stock Apr.1: Declared and issued a 10% stock dividend when the common share price was $35. June 1: Reacquired 3,000 shares @ $40 per share. Dec. 15: Declared a $2 per dividend on the common that will be paid on December 30. Dec. 30: Paid the December 15 dividend. Dec. 31: The 2019 net income for Withers was $940,000. REQUIRED; Make the necessary journal entries for each of the above dates. 431 095 O 100%- ARTE 1:12: T2 the w SARI 100% EN ET de Rome # W I R Wenk: Stah # G Below is the stockholders' equity section of the Withers Corporation balance sheet at the start of business on January 1, 2019: 3 X Common Stock: 2,000,000 shares authorized: 40,000 shares of $6 par value sock issued and outstanding $240,000 Common Stock-Additional Paid-in Capital: $2,160,000 $2,400,000 Retained Earnings: $3,600,000 Total Stockholders' Equity $6,000,000 The relevant transactions affecting Withers' Stockholders' Equity accounts in 2019 were as follows: Jan. 1: Issued 20,000 shares of $100 Par Value, 3% Preferred Stock Jan. 2: Declared a 2:1 stock split Feb.1: Purchased equipment valued at $240,000 by issuing 8,000 shares of common stock. Apr.1: Declared and issued a 10% stock dividend when the common share price was $35. June 1: Reacquired 3,000 shares @ $40 per share Dec. 15: Declared a $2 per dividend on the common that will be paid on December Dec. 30: Paid the December 15- dividend. Dec. 31: The 2019 net income for Withers was $940,000. REQUIRED: Make the necessary journal entries for each of the above dates. 015 100% T8** 17.12 2 0 DOO 0 V7 TIHENDE PROBLEM I: Below is the stockholders' equity section of the Withers Corporation balance sheet at the start of business on January 1, 2019: Common Stock: 2,000,000 shares authorized: 40,000 shares of S6 par value sock issued and outstanding: $240,000 Common Stock-Additional Paid-in Capital: 52,160,000 $2,400,000 Retained Earnings: $3,600,000 Total Stockholders' Equity $6,000,000 The relevant transactions affecting Withers' Stockholders' Equity accounts in 2019 were as follows: Jan. 1: Issued 20,000 shares of S100 Par Value, 3% Preferred Stock Jan. 2: Declared a 2:1 stock split Feb.1: Purchased equipment valued at $240,000 by issuing 8,000 shares of common stock Apr.1: Declared and issued a 10% stock dividend when the common share price was $35. June 1: Reacquired 3,000 shares S40 per share. Dec. 15: Declared a 52 per dividend on the common that will be paid on December Dec. 30: Paid the December 15th dividend. s. 2 OB 100- EN 100%) S hu v issued and outstanding Common Stock-Additional Paid-in Capital: $240,000 $2,160,000 $2,400,000 $3,600,000 Retained Earnings: Total Stockholders' Equity $6,000,000 The relevant transactions affecting Withers' Stockholders' Equity accounts in 2019 were as follows: Jan. 1: Issued 20,000 shares of $100 Par Value, 3% Preferred Stock Jan. 2: Declared a 2:1 stock split Feb.1: Purchased equipment valued at $240,000 by issuing 8,000 shares of common stock. Apr.1: Declared and issued a 10% stock dividend when the common share price was $35. June 1: Reacquired 3,000 shares @ $40 per share. Dec. 15: Declared a S2 per dividend on the common that will be paid on December 30. Dec. 30: Paid the December 15 dividend. Dec. 31: The 2019 net income for Withers was $940,000. REQUIRED; Make the necessary journal entries for each of the above dates. T. 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