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HEUTE IUUIUI YUorES, LE TURU WHY CHures I CICU 15 Eyuity CIETELULUCU. Date Oct. 2 Credit Debit 60,000 General Journal Retained Earnings Common Dividend Payable

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HEUTE IUUIUI YUorES, LE TURU WHY CHures I CICU 15 Eyuity CIETELULUCU. Date Oct. 2 Credit Debit 60,000 General Journal Retained Earnings Common Dividend Payable Common Dividend Payable Cash 60,000 Oct. 25 60,000 60,000 Oct. 31 75,000 36,000 39,000 Nov. 5 Retained Earnings Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Common Stock Common Stock Dividend Distributable Common Stock, $12 Par Value Memo-Change the title of the common stock account to reflect the new par value of $4. 36,000 36,000 Dec. 1 Dec. 31 Income Summary Retained Earnings 210,000 210,000 Required: 2. Complete the following table showing the equity account balances at each indicated date. Answer is complete but not entirely correct. Oct. 2 Oct 26 Oct. 31 Sep. 30 Bog. Bal IS 360,000 Nov. 5 0 Common stock Common stock dividend distributable Paid in capital in excess of par, common stock Retained earnings Dec. 1 Dec. 31 $ 396,000 396,000 0 0 0 129.000 0 395,000 360,000 360,000 360.000 396.000 0 0 36,000 0 90,000 129,000 $ 129,000 129,000 260.000 200.000 185,000 185.000 $ 90,000 320,000 Total acuity s 770.000 Dec. 31 Income Summary Retained Earnings 210,000 210,000 Required: 2. Complete the following table showing the equity account balances at each indicated date. Common stock Common stock dividend distributable Paid-n capital in excess of par, common stock Retained earnings Answer is complete but not entirely correct. Sep. 30 Oct. 2 Bog. Bal Oct. 25 Oct 31 Nov.5 Dec. 1 Dec. 31 $ 360,000 $ 360.000 360,000 360 000 396,000 390,000 396,000 0 0 36,000 0 0 0 90.000 90.000 129,000 129,000 129,000 0 129.000 320,000 260,000 260,000 185.000 185,000 0 395,000 $ 770,000 $ 710.000 749.000 710.000 710.000 390.000 920,000 Total quity

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