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Common Shock (526 par value 50,000 shanes issued and outstancing) 1.300,000 Retained Earnings Dec L Dedared a 0.30 pr sharn dividnnd to stockholde o ecord
Common Shock (526 par value 50,000 shanes issued and outstancing) 1.300,000 Retained Earnings Dec L Dedared a 0.30 pr sharn dividnnd to stockholde o ecord on December 15, payable January 5,2021 our sit etre an ns and the osn ertnes for net nco e and d oeros e it account titles are automati a nde ted hen amunt is entere 0 0 indent anua y. no entry egured select No Ent y fo the account tities and enter 0 or the amounts ecord jou na ennes inthe 0 de presentedin the preten. Date Account Tries and Explanation Credirt To cose net inome) Enter the beginning balances, and post the entries to the stockholders' equity accounts.(Note: Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal entries presented in the previous part.) Common Stock Date Explanation Ref Debit Credit Belance Date Explanation Ref Debit Credit Paid-in Capital in Excess of Stock Date Explanation Ref Debit Credit Balance Belance Date Explanation Ref Debit Credit Balance Belance Net income Stock dividend Cash dividend Cash Dividends Date Explanation Ref Debit Credit Balance Date Explanation Ref Debit Credit Prepare a stockholders' equity section at December 31. (Enter account name only and do not provide descriptive information.) ORIOLE CORPORATION Balance Sheet (Partial) Click if you would like to Show Work for this question: Open Show Work
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