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Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.) On January 1, 2022,

Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.) image text in transcribed
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On January 1, 2022, Ivanhoe Corporation had the following stockholders equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a 51 cash dividend per share to stockholders of record on February 15 , payable March 1. Mar. 1 Paid the dividend declared in February. Apr 1 Announced a 2 -for-1 stock split. Prior to the split, the market price per share was $40. . Jily 1 Declared a 15\% stock dividend to stockholders of record on July 15 , distributable July 31. On July 1 , the market price of the stock was 514 per share. 31. Issued the shares for the stock dividend. Dec 1. Declared a 50.60 per share dividend to stockholders of record on December 15 , payable January 5,2023 . 31 Determined that net income for the year was $383.000. stion 8 of 10 Dec 1 Cash Dividends Dividends Payable Dec. 31 v Income Summary Retained Earnings (To close net income) \begin{tabular}{|l|l|} \hline Dec 31> & Retained Earnings \\ Stock Dividends & 264600 \\ \hline \end{tabular} (To close stock dividends) Retained Earnings Cash Dividends (To close cash dividends) Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.) entries presented in the previous part.) Retained Earnings \begin{tabular}{ll} Date & Explanation \\ \hdashline & Balance \\ & Net income \end{tabular} Stock dividend Cash dividend Cash Dividends Stock Dividends DateExplanationRefDebitBredit Cash Dividends Stock Dividends eTextbook and Media IVANHOE CORPORATION Balance Sheet (Partial) $ eTextbook and Media

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