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Homework: PF 13-51B Book Static, Page 13-54 Score: 0.43 of 1 pt PF13-51B (book/static) 1 of 1 (1 complete) The balance sheet of Cullins
Homework: PF 13-51B Book Static, Page 13-54 Score: 0.43 of 1 pt PF13-51B (book/static) 1 of 1 (1 complete) The balance sheet of Cullins Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Cullins completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. quement actions in the generar journal. (record edita rat, uren Grecia are explanation on the last who oru Feb. 6: Declared a 5% stock dividend on the common stock. The market value of Cullins's stock was $25 per share. Date Accounts and Explanation Feb. 6 Stock Dividends Common Stock Dividend Distributable Paid-In Capital in Excess of Par-Common Declared a 5% stock dividend. Debit Credit 27,500 11,000 16.500 Feb. 15: Distributed the stock dividend. Date Feb. 15 Accounts and Explanation Common Stock Dividend Distributable Common Stock-$10 Par Value Debit Credit 11,000 11,000
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