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Does anyone know how to do number 2? 4. 0.00 pats Listed below are the transactions that affected the shareholders' equity of Branch-Rickie Corporation during

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image text in transcribedDoes anyone know how to do number 2?
4. 0.00 pats Listed below are the transactions that affected the shareholders' equity of Branch-Rickie Corporation during the period 2016-2018. At December 31, 2015, the corporation's accounts included: ($ in 000s) Common stock, 106 million shares at $1 par Paid-in capital excess of par Retained eamings $106,000 636,000 850,000 November 1,2016, the board of directors declared a cash dividend of $0.70 per share on its common shares, payable to shareholders of record November 15, to be paid December 1 a. March 1, 2017, the board of directors declared a property dividend consisting of corporate bonds of Warner Corporation that $2.0 million, but Branch-Rickie was holding as an investment. The bonds had a fair value of were purchased two years previously for $1.8 million. Because they were intended to be held to maturity, the bonds had not been shareholders of record March 13, to be distributed April 5 previously written up. The property dividend was payable to c. On July 12, 2017, the corporation declared and distributed a 6% common stock d idend when the d. On November 1,2017, the board of directors declared a cash dividend of $0.70 per share on its e. On January 15, 2018, the board of directors declared and distributed a 3-for-2 stock split effected in the f. On November 1,2018, the board of directors declared a cash dividend of $0.55 per share on its market value of the common stock was $24 per share). Cash representing 360,000 equivalent whole shares. value of the common stock was $24 per share). Cash was paid in lieu of fractional shares common shares, payable to shareholders of record November 15, to be paid December 1 form of a 50% stock dividend when the market value of the common stock was $25 per share. common shares, payable to shareholders of record November 15, to be paid December 1 Required: 1. Prepare the journal entries that Branch-Rickie recorded during the three-year period for these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) July 12, 2017 Retained earnings 152,640,000 Common stock 6,000,000 Paid-in capital excess of par 156,000,000 Cash 8,640,000

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