Cetom Menschen Recentration about to the point ry De And then U Day www CH C Read the requirements Jul 30. Declared a 40% stock dividend on the common stock. The market value of the common stock was $11 por share Date Accounts and Explanation Debit Credit Jul 30 Aug 15: Distributed the stock dividend Date Accounts and Explanation Debit Credit Aug 15 Oct. 20. Purchased 1,600 shares of treasury stock at $10 per share Debit Credit Date Accounts and Explanation Od 20 Debit Credit Nov 8: Sold 800 shares of treasury stock for S12 per share Date Accounts and Explanation Now Calculator O o PI E a Type here to search +++ Nov. 8 Nov. 30: Sold 700 shares of treasury stock for $7 per share, Date Accounts and Explanation Debit Credit Nov. 30 Requirement 2. Prepare the Clearborn's stockholders' equity section of the balance sheet as of December 31, 2018. Assume that Clearborn was authorized to were issued at par. The ending balance of retained earnings as of December 31, 2018, is $2,030,000. (Use parentheses or a minus sign for amounts to be subtrac Clearborn Manufacturing, Co. Balance Sheet (Partial) December 31, 2018 Stockholders' Equity Paid in Capital Total Pald-in Capital Total Stockholders' Equity Calculator More info Jan. 16 Feb. 15 Jun. 10 Declared a cash dividend on the 6%. $97 par noncumulative preferred stock (1.150 shares outstanding). Declared a $0.55 per share dividend on the 115,000 shares of $10 par value common stock outstanding. The date of record is January 31, and the payment date is February 15. Paid the cash dividends. Split common stock 2-for-1. Declared a 40% stock dividend on the common stock. The market value of the common stock was $11 per share. Distributed the stock dividend. Purchased 1,600 shares of treasury stock at $10 per share. Sold 800 shares of treasury stock for $12 per share. Sold 700 shares of treasury stock for $7 per share. Jul. 30 e bd er 31 Aug. 15 Oct. 26 Nov. 8 Nov. 30 Done Print Requirements 1. Record the transactions in Clearborn's general journal. 2. Prepare the Clearborn's stockholders' equity section of the balance sheet as of December 31, 2018. Assume that Clearborn was authorized to issue 1,500 shares of preferred stock and 500,000 shares of common stock. Both preferred stock and common stock were issued at par. The ending balance of retained earnings as of December 31, 2018, is $2,030,000. ce sh 18, is Done Print