HW Save 4 of 5 (4 complete HW Score: 759 9 0f 12 pt More into -X Cara Table Assets Current assets Property and equipment niet Amount $ 33.000 129.500 5 162.500 Feb 13 fasued 5.200 shares of common stock for $13 per share Jun 7 Declared the regular cash dividend on the preferred stock 24 Pald the cash dividend Aug 9 Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was 517 per share Oct 26 Racquired 200 shares of common stock astrotury stock paying 521 por Nov 20 Sold 100 shares of the treasury stock for $26 per share Dec 31 Declared a cash dividend of 50 30 per share on the outstanding common stock dividends will be paid in January, 2020 37.400 6,000 Total assets Liabilities and Equity Lisbites Stockholders eity 50.15 cumulative preferred stock. $15 par, 400 shares issued Common stock $12 par, 6.100 shares issued Pald.in capital in excess of palomon Rutained earings Total liabilities and equity 75,600 17 500 26,000 Print Done $ 162.500 Requirements X Print Done 1. Journalize Walker Jewelry's transactions Explanations are not required 2. Report the company's stockholders' equily at December 31, 2019 Net income for 2015 was $25,000 Print Done Walker Jewelry Company reported the following summarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Walker Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions) Read the requirements Requirement 1. Journalize Walker Jewelry's transactions. Explanations are not required. (Record debits fir Feb 13. Issued 5,200 shares of common stock for $13 per share Journal Entry Accounts Date Debit Credit Feb 13 4 of 5 (4 complete) More Info - X Feb Jun Aug 13 Issued 5,200 shares of common stock for $13 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 $17 per share. 26 Reacquired 200 shares of common stock as treasury stock, paying $21 per share, 20 Sold 100 shares of the treasury stock for $26 per share. 31 Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020 Oct Nov Dec Print Done Requirements X Save HW Score: 75%, 9 of 12 pt Data Table Assets Amount Current assets 33,000 129,500 Property and equipment, net....... $ 162.500 37 400 ---- Total assets .. Liabilities and Equity Liabilities .. Stockholders' equity: $0.15 cumulative preferred stock. $15 par, 400 shares issued Common stock, $12 par, 6,300 shares issued Paid-in capital in excess of par-common Retained earnings Total liabilities and equity 6.000 75 600 17.500 26 000 $ 162.500 Print Done Print Done i Requirements 1. Journalize Walker Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $26,000 Print Done