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 Requirement 1. Journalize Hamburg Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any joumal entries.) Feb 13: Issued 5.900 shares of common stock for S12 per share. * More Info Journal Entry Accounts Debit Credit Date Feb 13 Feb Jun 13 7 24 9 Aug Issued 5,900 shares of common stock for $12 per share. Declared the regular cash dividend on the preferred stock Paid the cash dividend. Declared and distributed a 10% stock dividend on the common stock. Market price of the common stock was $15 per share. Reacquired 200 shares of common stock as treasury stock, paying $20 per share. Sold 100 shares of the treasury stock for $22 per share. Declared a cash dividend of 50,30 per share on the outstanding common stock, dividends will be paid in January, 2020 i Data Table Oct Nov Dec 26 20 31 i Requirements Assets Amount Current assets ...... $ 33,500 83,900 Property and equipment, net.. $ 117,400 Total assets.. . Liabilities and Equity Liabilities ........$ 38,000 Stockholders' equity: $0.30 cumulative preferred stock, $15 par, 200 shares issued . 3,000 Common stock, $5 par, 6,200 shares issued 31.000 Pald-in capital in excess of par-common ........ 17.400 28.000 Retained earnings $ 117.400 Total abilities and equity 1. Joumalize Hamburg Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net Income for 2019 was $28,000. Print [Dona] Choog 7 Clear All