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CHUCK Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2021 2022 and 2023

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CHUCK Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2021 2022 and 2023 ANACONDA INTERNATIONAL CORPORATION Statements of Shareholders' Equity For the Years Ended Dec. 31, 2021, 2022, and 2023 (5 in millions) Preferred Common Additional Stock Stock Padd-In 510 par Capital 00 630 20 800 9 63 $1 par Retained Earnings 1,772 teatanuary 1, 2001 Sales Deferred thares Colectares Cash vend, preferred Total Shareholders Equity 2,492 820 72 (2) (20) 300 3,662 (62) (2) (24) 20 December 11, 2011 Cavidad, referred 99 (6) (2) (20) 300 2.050 (14) (2) (24) 1,493 (42) 12 (10) 450 450 5 40 (45 (2) (26) (2 (26) 2.879 (Prov 507 1. Infer from the statements the events and transactions that affected Anaconda International Corporation's shareholders' equity durin 2021, 2022 and 2023. Prepare the journal entries that reflect those events and transactions. (Hint: In lieu of revenues and expenses. use an account titled "Income summary" to close net income or net loss.) 2. Prepare the shareholders' equity section of Anaconda's comparative balance sheets at December 31, 2023 and 2022 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Tnfer from the statements the events and transactions that affected Anaconda International Corporation's shareholders' equity during 2021, 2022, and 2023. Prepare the journal entries that reflect those events and transactions. (Hint: In lieu of revenues and expenses, use an account titled "Income summary" to close net income or net loss.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (ie. 10,000,000 should be entered as 10).) Show less View transaction list

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