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Explain each stop please Save HW Score: 48.14%, 3.37 of 7 pts 0 More Info Homework: Week Eight: Chapter 12: Problems Score: 0 of 1

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Save HW Score: 48.14%, 3.37 of 7 pts 0 More Info Homework: Week Eight: Chapter 12: Problems Score: 0 of 1 pt 8 of 7 completely P13-45B (similar to) The balance sheet of Milan Management Consulting, Inc. at December 31, 2015, reported the following wockholders' equity (Click the icon to view the stockholders' equity section of the balance sheet) During 2016, Milan completed the following selected transaction (Click the loon to view the transactions) Requirements 1. Record the transactions in the general journal. 2 Prepare a retained eaming statement for the year ended December 31, 2016. Assume Milor's not income for the year was $4.000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2016. Feb 6 Declared a 15% Mock dividend on common stock. The market value Milan's vock was $22 per share 15 Distributed the stock dividend Ju 29 Purchased 2.200 shares of treasury stock at 522 per here Nov. 27 Declared a 30.15 per horeca dividend on the common stock outstanding Print Done Data Table Requirement 1. Record the transactions in the general purnal (Record debits first, then credits. Select the explanation on the lastne of the journant Feb. 6. Declared a 15% stock dividend on the common stock. The market value of Milan's stock was $22 per share Data Accounts and Explanation Debat Credit Feb. 6 Stockholders' Equity Paisin Capital Common Stock-315 Par Value 150.000 shares authored, 32.000 shares issued and standing Paid-in Capital in Excess of Par-Common Total Paid-in Capital Retained Earnings Total Stockholders' Equity 480 DOO 210.000 810,000 150,000 $ 999,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear 5 parts remaining s 8 7 5 6 8 3 2 E W R T

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