Halborn Manufacturing Co. completed the following transactions during 2018:

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Requirement 2. Prepare the Halborn's stockholders' equity section of the balance sheet as of December 31, 2018. Assume that Halborn was authorized to issue 1,200 shares of preferred stock and 300,000 shares of common stock. Both preferred stock and common stock were issued at par. The ending balance of retained earnings as of December 31, 2018, is $ 2,080,000

Nov. 30 2- S8 Part 7,000 4,000 standing (8 Stock-597 utstanding a capital Paid-in Capital from Treasury Stock Transactions Retained Eam Treasury S 0 More Info Sold treasury feedback h was authorized to issue hiding balance of retained Jan. Requirement 2. Prepare the Hd 1,200 shares of preferred stock eamings as of December 31, 20 TO kholders equi Feb. Jun. Jul. 16 Declared a cash dividend on the 5%, $105 par noncumulative preferred stock (900 shares outstanding). Declared a $0.25 per share dividend on the 85,000 shares of $4 par value common stock outstanding. The date of record is January 31, and the payment date is February 15 15 Paid the cash dividends. 10 Split common stock 2-for-1. 30 Declared a 30% stock dividend on the common stock. The market value of the common stock was $12 per share. 15 Distributed the stock dividend. 26 Purchased 8,000 shares of treasury stock at $9 per share. 8 Sold 4,000 shares of treasury stock for $10 per share, 30 Sold 1,400 shares of treasury stock for $5 per share. Aug. Oct. Nov. Paid-In Capital: Was Print Done Choose from any list or enter Check Answer Clear All All parts showing - 59 618155.jpg 80542898 562724.jpg - NAM 12/14/2019