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Cretae journal entries and fill out equity accounts along with a partial balance sheet e II-post stock (70/0, $100 par noncumUlative, 7,000 shares pothofized) Common

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Cretae journal entries and fill out equity accounts along with a partial balance sheet
image text in transcribed

e II-post stock (70/0, $100 par noncumUlative, 7,000 shares pothofized) Common stock ($4 stated value, 420,000 shares authorized? Paid-in Capital in Excess of ParPreferred Stock S of Paid-in Capital in Excess of Stated 'ValueC Retained Earnings Treasury Stock (7,000 common shares) During 2025, the corporation had the follo 0 4 21,000 672,000 963,200 56,000 Ind events pertaining to its stockholdersY equity. 900. slock at $7 per share. able November 1. Feb. Mar. Oct. Nov. Dec. Dec. 20 1 '1 31 Issued 7,000 shares of commo Purchased 1,400 additional shar Declared a 7% cash dividend on p eferr Paid the dividend declared 00 I Declared a $0.50 per share ca>h gliyidend (o common stockholders of record on December 15, payable Decer Determined that net income for the year was $390,000, Paid the dividend declared on December 1.

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