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help asap On January 1, 2021, Gerlach Inc had the following account balances in its shareholders' equity accounts. Common stock, $1 par, 247, eee shares

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On January 1, 2021, Gerlach Inc had the following account balances in its shareholders' equity accounts. Common stock, $1 par, 247, eee shares issued Paid-in capital-excess of par, common Paid-in capital-excess of par, preferred Preferred stock, $100 par, 16,500 shares outstanding Retained earnings Treasury stock, at cost, 4,700 shares $ 247, eee 494,000 165, eee 1,65e, eee 3,300,eee 23,500 During 2021. Gerlach Inc, had several transactions relating to common stock January 15: Declared a property dividend of 100,000 shares of Slowdown Company (book value $11.3 per share, fair value $9.65 per share). February 17: Distributed the property dividend. April 10: A 2-for-1 stock split was declared and distributed on outstanding common stock and effected in the form of a stock dividend. The fair value of the stock was 54 on this date. July 18: Declared and distributed a 4% stock dividend on outstanding common stock; fair value per share, $5. December 1: Declared a 50 cents per share cash dividend on the outstanding common shares. December 28: Paid the cash dividend. Required: Record the above transactions and events in journal entry format. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.)

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