Ch 11 GL-P 11-2 p 11-2a GL1101-Based on Problem 11-2A LO C3, P2, P3 Sacramento Compary reports the following components of stockholders' equity on December 31, 2016 shares lesed aed outstanding In year 2017, the following transactions affected its stockholders equity accounts an 1 Purchased 5,000 shares of its own stoek st $23 ash per share an 5 Feb. 28 Paid the dividend declared on Tenuary S Aug. 22 sold 3,00 of its treasury shares at $20 eash oet. 28 taid the dividend declazed an September 5 Dec. 3i closed the $280,500 aredit balance Ifrom net Income) in the Incone SUnBary a0coust to Retsined Tarnings Directors deeiared s per share essh dividend payable on Pabruary 28 to the Pebruary s stoekhoidars of shares at $27 caah per share per share cash dividend payable on october 28 to the stockholders of s Directors declared a $ pee share eas Sept enber 25 7 pE General Journal tab- Prepare the necessary journal entries Statement of Retained Earnings tab Prepare the Statement of Retained Eamings for the Sacramento Corporation for the year ended December 31, 2017 Impact on Equity tab For each transaction, indicate the total change in Stockholders' Equity, if any. Verify that total equity, as caleulated, agrees with the amourt reported on the Stockholders' Equity tab. Prev 1 of 1 Next MacBook Air 80 8F 2 3 Ch 11 GL-P 11-2 p 11-2a GL1101-Based on Problem 11-2A LO C3, P2, P3 Sacramento Compary reports the following components of stockholders' equity on December 31, 2016 shares lesed aed outstanding In year 2017, the following transactions affected its stockholders equity accounts an 1 Purchased 5,000 shares of its own stoek st $23 ash per share an 5 Feb. 28 Paid the dividend declared on Tenuary S Aug. 22 sold 3,00 of its treasury shares at $20 eash oet. 28 taid the dividend declazed an September 5 Dec. 3i closed the $280,500 aredit balance Ifrom net Income) in the Incone SUnBary a0coust to Retsined Tarnings Directors deeiared s per share essh dividend payable on Pabruary 28 to the Pebruary s stoekhoidars of shares at $27 caah per share per share cash dividend payable on october 28 to the stockholders of s Directors declared a $ pee share eas Sept enber 25 7 pE General Journal tab- Prepare the necessary journal entries Statement of Retained Earnings tab Prepare the Statement of Retained Eamings for the Sacramento Corporation for the year ended December 31, 2017 Impact on Equity tab For each transaction, indicate the total change in Stockholders' Equity, if any. Verify that total equity, as caleulated, agrees with the amourt reported on the Stockholders' Equity tab. Prev 1 of 1 Next MacBook Air 80 8F 2 3