During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,000 shares of its own stock at $23 cash per share. January 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5. July 6 Sold 2,500 of its treasury shares at $27 cash per share. August 22 Sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. October 28 Paid the dividend declared on September 5, December 31 Closed the $154,000 credit balance (from net income) in the Income Summary account to Retained Earnings.. Answer is not complete. Requirement General Journal General Ledger Trial Balance RE Statement of Stockholders Equity Impact on Equity During the year, the following transactions affected its stockholders' equity accounts. frad colort "hin (constantes vanilaud in the first in how Prepare the necessary journal 13