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Hamburg jewelry company reported the following summarized balance sheet at December 31, 2018. During 2019 Hamburg jewelry completed these transactions that affected stockholders equity. Requirement
Hamburg jewelry company reported the following summarized balance sheet at December 31, 2018.
- X Data Table rize ons Assets Current assets Amount $ 33,400 89,500 . Property and equipment, net ns. $ 122.900 S.) Total assets ISH $ 37 500 Liabilities and Equity Liabilities Stockholders' equity: $0.40 cumulative preferred stock. $15 par, 500 shares issued Common stock, $5 par. 5,800 shares issued Paid-in capital in excess of par-common 7,500 29.000 17.900 31.000 Retained earnings sto $ 122.900 Total liabilities and equity Print Done ummarjaad balasan bol al Desember 21 2010- More Info ansactio Feb Jun Aug 13 Issued 5,100 shares of common stock for $12 per share. 7 Declared the regular cash dividend on the preferred stock. 24 Paid the cash dividend. 9 Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $16 per share, 26 Reacquired 900 shares of common stock as treasury stock, paying $20 per share. 20 Sold 200 shares of the treasury stock for $21 per share. 31 Declared a cash dividend of $0.30 per share on the outstanding common stock, dividends will be paid in January, 2020 al Entry Oct Nov Dec Print Done the input sa TUTTE ex ESLOTT Hamburg Jewelry Company reported the following surnmarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize Hamburg Jewelry's transactions Explanations are not required. (Record debits first, then credits. Exclude explanations from Feb 13: Issued 5,100 shares of common stock for $12 per share Journal Entry Accounts Credit Date Debit Feb 13 Jun 7 Declared the regular cash dividend on the preferred stock. Choose from any list or enter any number in the input fields and then continue to the next question Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018 E: (Click the icon to view the statement) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity Click the icon to view the transactions.) Read the requirements Jun 7: Declared the regular cash dividend on the preferred stock Journal Entry Date Accounts Debit Credit Jun 7 Jun 24: Paid the cash dividend Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity Click the icon to view the transactions.) Read the requirements Jun 24: Paid the cash dividend. Journal Entry Date Accounts Debit Credit Jun 24 Aug 9: Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $16 per share. Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018 BE! (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity Click the icon to view the transactions) Read the requirements Aug 9: Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $16 per share Journal Entry Date Accounts Debit Credit Aug 9 Oct 26: Reacquired 900 shares of common stock as treasury stock, paying $20 per share Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity Click the icon to view the transactions.) Read the requirements Oct 26: Reacquired 900 shares of common stock as treasury stock, paying $20 per share. Journal Entry Date Accounts Debit Credit Oct 26 Nov 20. Sold 200 shares of the treasury stock for $21 per share Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018 II (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity Click the icon to view the transactions.) Read the requirements Dec 31. Declared a cash dividend of $0.30 per share on the outstanding common stock, dividends will be paid in January, 2020. (Round Journal Entry Date Accounts Debit Credit Dec 31 Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $22,000 (Enter the accou Hamburg Jewelry Company Balance Sheet (partial) Choose from any list or enter any number in the input fields and then continue to the next question Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity Click the icon to view the transactions.) Read the requirements Hamburg Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity par shares shares par shares Total paid in capital Choose from any list or enter any number in the input fields and then continue to the next During 2019 Hamburg jewelry completed these transactions that affected stockholders equity.
Requirement 1. Journalize hamburg jewelry transactions. Explanations are not required.
Requirement 2. Report the companys stockholders equity at December 31, 2019. Net income for 2019 was $22,000.
Thank you in advance!
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