Excel Please. Transactions during 2018:

3/2 Issued 5,000 shares of common stock in cash at $ 30 per share.

5/3 Repurchased 2,000 shares of common stock at $ 15 per share.

6/5 Sold 7,000 treasury shares for a total price of $ 60,000 (FIFO method)

7/15 Issued 2,000 shares of common stock, market value $ 22 per share, to acquire land for $ 32,000.

18/8 Issued 100 sheets of prefered shares, cash for a total price of $ 20,000.

12/31 Net income after tax of $ 200,000.

12/31 Dividends declared for preferred stock and common stock.

Requested:

a. Keep the necessary journal entries to record the above transactions!

complete!

b. Compose the part of shareholders' equity as of December 31, 2018 in full!

$ 500.000 dalah Share Capital - Preferred (8%, $100 par, noncumulative, 8.000 shares authorized and 5.000 shares issued) Share Capital - Ordinary (10%,$20 par, 500.000 shares authorized and 25.000 shares issued) Share Premium - preferred Share Premium - ordinary $ 500.000 $ 150.000 $ 200.000 $ 400.000 $ 60.000 $ 1.810.000 Retained earnings Treasury stock - common (6.000 shares) Total Equity