Enter the beginning balances, and post the entries to the stockholders coulty accounts (Note Open additional stockholders coulty accounts as needed) (Post entries in the order of journal entries presented in the previous part.) Common Stock Date Explanation Ref Debit Credit Balance Balance Common Stock Dividends Distributable Date Explanation Ref Debit Credit Balance Pald-in Capital in Excess of Par-Common Stock Date Explanation Ref Debit Balance Credit Balance Retained Earnings Date Explanation Ref Debit Credit Balance Balance Net income Retained Earnings Date Explanation Ref Credit Balance Debit Balance + Net Income Stock dividend # Cash dividend Cash Dividends Date Explanation Credit Balance Ref Debit Stock Dividends Date Explanation Ref Debit Credit Balance e Textbook and Media List of Accounts Attempts: 0 of 3 Save for Later Answer 1 of 1 Done Hi Let me know in case you face any issue: Stock Dividende table the othecah vided ELECTEE DIE TIN ALLY FR PLUS Sport Question 3 View Policies Show Attempt History Current Attempt in Progress On January 1, 2020 Oulumber Corporation had the following stockholders equity accounts Common Stock 524 par value, 59,000 shares in and outstandinel 51.416,000 Paid-in Capital in Excess of Par-Common Stock Retained Earnings 559.000 During the year, the following transactions occurred e Declared a chdividend per share to stockholdsrecord on February 15. payable March 1 Paid the dividend declared in February Announced 2 for 1 stock split. Prior to the split the market price per share was $39. July Declared a 15% stock dividend to stockholders of record on 15.stributable July 31. On July 1. the market price of the stock was 514 per 1 share 31 sed the shares for the stock dividend Declareda 50 60 pershare divided to stockholders of record on December 15 payable onary 5.2021 31 Determined that net income for the year was 332.500 Your Answer Correct Answer Used