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Credit 60,000 60,000 75.000 35.000 39,000 Date General Journal Debit October 2 Retained Earnings 60,000 Common Dividend Payable October 25 Common Dividend Payable 60,000 Cash

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Credit 60,000 60,000 75.000 35.000 39,000 Date General Journal Debit October 2 Retained Earnings 60,000 Common Dividend Payable October 25 Common Dividend Payable 60,000 Cash October 31 Retained Earnings Comon Stock Dividend Distributable Paid To Capital in Excess of Par Value, Common Stock November 5 Common Stock Dividend Distributable 36,000 Common Stock, 512. Par Valve December 1 Meno-Change the title of the common stock account to reflect the new par value of $4. December 31 Income Summary 210,000 Retained Earnings Required: 2 Complete the following table showing the equity account balances at each indicated date 36,000 210.000 October 25 October 31 November 5 December 1 December 31 Common stock Common stock dividend distributable Pald-in capital in excess of par common stock Retained earnings Totally September 30 Beginning October 2 Balance 5 350 000 0 90.000 320,000 5 7700005

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