I could use some assistance with my homework assignment. There are 4 problems.

2/7/2017 Problem 141A Print by: Deandre Daniels AB116: Accounting II 1605A01 / Lab 116 Unit 8 Homework *Problem 141A On January 1, 2017, Gefrey Corporation had the following stockholders' equity accounts. Common Stock ($20 par value, 66,000 shares issued and outstanding) $1,320,000 Paidin Capital in Excess of ParCommon Stock 205,000 Retained Earnings 603,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2for1 stock split. Prior to the split, the market price per share was $40. July 1 Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $14 per share. 31 Dec. 1 31 Issued the shares for the stock dividend. Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2018. Determined that net income for the year was $340,000. Journalize the transactions and the closing entries for net income and dividends. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To close net income) (To close stock dividends) (To close cash dividends) Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal entries presented in the previous part.) Common Stock Date Explanation Ref Debit Credit Balance Debit Credit Balance Debit Credit Balance Debit Credit Balance Explanation Ref Debit Credit Balance Explanation Ref Debit Credit Balance Balance Adjusting Common Stock Dividends Distributable Date Explanation Ref Paidin Capital in Excess of ParCommon Stock Date Explanation Ref Balance Retained Earnings Date Explanation Ref Balance Net income Stock dividen d Cash dividen d Cash Dividends Date Stock Dividends Date Prepare a stockholders' equity section at December 31. (Enter account name only and do not provide descriptive information.) GEFFREY CORPORATION Balance Sheet (Partial) $ $ Question Attempts: 0 of 5 used 2/7/2017 Problem 142A Print by: Deandre Daniels AB116: Accounting II 1605A01 / Lab 116 Unit 8 Homework *Problem 142A The stockholders' equity accounts of Karp Company at January 1, 2017, are as follows. Preferred Stock, 6%, $50 par $635,000 Common Stock, $3 par 495,000 Paidin Capital in Excess of ParPreferred Stock 207,000 Paidin Capital in Excess of ParCommon Stock 300,000 Retained Earnings 826,500 There were no dividends in arrears on preferred stock. During 2017, the company had the following transactions and events. July 1 Aug. 1 Declared a $0.90 cash dividend per share on common stock. Discovered $20,500 understatement of depreciation expense in 2016. (Ignore income taxes.) Sept. 1 Dec. 1 Paid the cash dividend declared on July 1. Declared a 10% stock dividend on common stock when the market price of the stock was $19 per share. 15 Declared a 6% cash dividend on preferred stock payable January 15, 2018. 31 Determined that net income for the year was $348,000. 31 Recognized a $203,000 restriction of retained earnings for plant expansion. Journalize the transactions, events, and closing entries for net income and dividends. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To close net income) (To close cash dividends) (To close stock dividends) Enter the beginning balances in the accounts, and post to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal entries presented in the previous part.) Preferred Stock Date Explanation Ref Debit Credit Balance Debit Credit Balance Debit Credit Balance Debit Credit Balance Debit Credit Balance Debit Credit Balance Explanation Ref Debit Credit Balance Explanation Ref Debit Credit Balance Balance Common Stock Date Explanation Ref Balance Common Stock Dividends Distributable Date Explanation Ref Paidin Capital in Excess of ParPreferred Stock Date Explanation Ref Balance Paidin Capital in Excess of ParCommon Stock Date Explanation Ref Balance Retained Earnings Date Explanation Ref Balance Prior period adjustment depreciatio n expense understate d Net income Cash dividend s Stock dividend s Cash Dividends Date Stock Dividends Date Prepare a retained earnings statement for the year. (List items that increase retained earnings first.) KARP COMPANY Retained Earnings Statement $ ( : : $ ) $ Prepare a stockholders' equity section at December 31, 2017. (Enter account name only and do not provide descriptive information.) KARP COMPANY Balance Sheet (Partial) $ $ $ Question Attempts: 0 of 5 used . 2/7/2017 Problem 143A Print by: Deandre Daniels AB116: Accounting II 1605A01 / Lab 116 Unit 8 Homework *Problem 143A The postclosing trial balance of Storey Corporation at December 31, 2017, contains the following stockholders' equity accounts. Preferred Stock (14,800 shares issued) $740,000 Common Stock (254,000 shares issued) 3,810,000 Paidin Capital in Excess of ParPreferred Stock 254,000 Paidin Capital in Excess of ParCommon Stock 398,000 Common Stock Dividends Distributable 381,000 Retained Earnings 851,590 A review of the accounting records reveals the following. 1. No errors have been made in recording 2017 transactions or in preparing the closing entry for net income. 2. Preferred stock is $50 par, 6%, and cumulative 14,800 shares have been outstanding since January 1, 2016. 3. Authorized stock is 19,800 shares of preferred, 508,000 shares of common with a $15 par value. 4. The January 1 balance in Retained Earnings was $1,160,000. 5. On July 1, 18,600 shares of common stock were issued for cash at $18 per share. 6. On September 1, the company discovered an understatement error of $90,300 in computing salaries and wages expense in 2016. The net of tax efect of $63,210 was properly debited directly to Retained Earnings. 7. A cash dividend of $381,000 was declared and properly allocated to preferred and common stock on October 1. No dividends were paid to preferred stockholders in 2016. 8. On December 31, a 10% common stock dividend was declared out of retained earnings on common stock when the market price per share was $18. 9. Net income for the year was $593,000. 10. On December 31, 2017, the directors authorized disclosure of a $192,000 restriction of retained earnings for plant expansion. (Use Note X.) Reproduce the Retained Earnings account for 2017. (List items in order presented in the problem.) Retained Earnings Prepare a retained earnings statement for 2017. (List items that increase retained earnings first.) STOREY CORPORATION Retained Earnings Statement $ : : $ $ Prepare a stockholders' equity section at December 31, 2017. (Enter account name only and do not provide descriptive information.) STOREY CORPORATION. Partial Balance Sheet $ $ $ Compute the allocation of the cash dividend to preferred and common stock. Allocation of the cash dividend to preferred stock $ Allocation of the cash dividend to common stock $ Question Attempts: 0 of 5 used 2/7/2017 Problem 144A Print by: Deandre Daniels AB116: Accounting II 1605A01 / Lab 116 Unit 8 Homework *Problem 144A On January 1, 2017, Ven Corporation had the following stockholders' equity accounts. Common Stock (no par value, 94,200 shares issued and outstanding) $1,365,000 Retained Earnings 530,000 During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 3for1 stock split. Prior to the split, the market price per share was $37. July 1 Declared a 6% stock dividend to stockholders of record on July 15, distributable July 31. 31 Dec. 1 31 On July 1, the market price of the stock was $12 per share. Issued the shares for the stock dividend. Declared a $0.40 per share dividend to stockholders of record on December 15, payable January 5, 2018. Determined that net income for the year was $310,000. (Enter account name only and do not provide descriptive information. Round answers to 0 decimal places, e.g. 5,275.) (a) Prepare the stockholders' equity section of the balance sheet at March 31. VEN CORPORATION Partial Balance Sheet $ $ (b) Prepare the stockholders' equity section of the balance sheet at June 30. VEN CORPORATION Partial Balance Sheet $ $ (c) Prepare the stockholders' equity section of the balance sheet at September 30. VEN CORPORATION Partial Balance Sheet $ $ (d) Prepare the stockholders' equity section of the balance sheet at December 31, 2017. VEN CORPORATION Partial Balance Sheet $ $ Question Attempts: 0 of 5 used . Answer: Date Account title Feb-01 Cash dividend Dividends payable Mar-01 Dividends payable Cash Debit Credit 198000 198000 198000 198000 Apr-01 No entry Jul-01 Stock Dividend Common stock divideends distributable Paid in capital in excess of par value - CS 184800 Jul-31 Common stock dividend distributable Common stock 132000 132000 52800 132000 Dec-01 Cash dividends Dividends payable 72600 Dec-31 Income summary Retained Earnings 340000 72600 340000 Retained Earnings stock Dividends 184800 Retained earnings Cash Dividends 270600 184800 270600 Common stock Debit Jan-01 Balance Jul-31 Common stock distributable Debit Jul-01 Jul-31 132000 Paid in capital in par Debit Jan-01 Balance Jul-01 Retained earnings Debit Jan-01 Balance Dec-31 Net income Dec-31 Stock dividend Dec-31 Cash dividend 184800 270600 Cash Dividend Debit 198000 72600 Feb-01 Dec-01 Dec-31 Stock Dividend Debit 184800 Jul-01 Dec-31 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, $11 par value, Paid in capital Additional paid in capital in excess of par value Total paid in capital Retained earnings Total stockholder's equity 1452000 257800 1709800 487600 2197400 Credit Balance 1320000 132000 1452000 Credit Balance 132000 132000 0 Credit Balance 205000 52800 257800 Credit Balance 603000 340000 943000 758200 487600 Credit Balance 198000 270600 270600 0 Credit Balance 184800 184800 0 Date Account Jul-01 Cash dividends - common Dividends payable - Commo stock Aug-01 Retained earnigs Accumulated depreciation Debit Credit 148500 148500 20500 20500 Sep-01 Diviends payable - Common stock Cash 148500 Dec-01 Stock Dividend Common stock dividends distributable Paid in capital I excess of par value - common stock 313500 Dec-15 Cash dividends - preferred Dividends payable -preferred stock 148500 49500 264000 38100 38100 Dec-31 Income summary retained earnigs 348000 Retained earnings Cash dividends 186600 Retained earnings Stock Dividends 313500 Preferred stock Date 1-Jan Balance 348000 186600 313500 Debit Credit Debit Credit Common stock dividends distributable Date Jan-01 Debit Credit 49500 Paid in capital in excess of par - preferred stock Date Jan-01 Debit Credit Commo stock Jan-01 Paid in capital I excess of par - Common stock Date Jan-01 Dec-01 Retaied earings Date Jan-01 Blance Aug-01 Prior period Dec-31 Net icome Dec-31 cash dividend Dec-31 Stock dividend Cash dividends Date Jul-01 Dec-15 Dec-31 Stock divided Date Dec-01 Dec-31 Debit 264000 Debit 348000 186600 313500 Debit Credit 148500 38100 186600 Debit Credit 313500 313500 826500 20500 806000 348000 1154000 38100 313500 148500 Shareholder's equity Shareholder's equity Paid in capital Capital stock 6% preferred stock Commo stock Common stock distributable Total capital stock Additional paid in capital In excess of par - pereffed In excess of par - common Credit 20500 Retained earnings statement Balance, Jan 1 Correction Balance, Jan 1 adjusted Add: Net income Less: Cash dividends- Preferred Stock dividends Cash dividend - Common Balance, Dec 31 Credit 635000 495000 49500 1179500 207000 564000 500100 653900 Total additional paid in capital Retained earnings Total equity 771000 1950500 653900 2604400 balance 635000 balance 495000 balance 49500 balance 207000 balance 300000 564000 balance 826500 806000 1154000 967400 653900 balance 148500 186600 0 balance 313500 0 Retained earnings Sep-01 Prior Oct-01 Cash divide Dec-31 Stock divid b 90300 381000 457200 Balance Correction Adjusted balance Add: Net income Less: Cash dividend Stock dividend Balance, Dec 31 c Balance sheet Paid in capital Capital stock 6% preferred stock Commo stock Common stock distributable Total capital stock Additional paid in capital In excess of par - pereffed In excess of par - common Total additional paid in capital Retained earnings Total equity Total cash diviend Allocated to preferred stock Dividends in arrers 2017 dividend Remainder 851590 90300 761290 593000 1354290 381000 457200 516090 740000 3810000 381000 4931000 254000 398000 652000 516090 6099090 381000 44400 44400 292200 Jan-01 Blance Dec-31 Net income 851590 593000 Dec-31 Balance 516090 Answer: a b c d Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1365000 435800 1800800 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1365000 435800 1800800 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1568472 232328 1800800 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1568472 429288 1997760 Answer: Date Account title Feb-01 Cash dividend Dividends payable Mar-01 Dividends payable Cash Debit Credit 198000 198000 198000 198000 Apr-01 No entry Jul-01 Stock Dividend Common stock divideends distributable Paid in capital in excess of par value - CS 184800 Jul-31 Common stock dividend distributable Common stock 132000 132000 52800 132000 Dec-01 Cash dividends Dividends payable 72600 Dec-31 Income summary Retained Earnings 340000 72600 340000 Retained Earnings stock Dividends 184800 Retained earnings Cash Dividends 270600 184800 270600 Common stock Debit Jan-01 Balance Jul-31 Common stock distributable Debit Jul-01 Jul-31 132000 Paid in capital in par Debit Jan-01 Balance Jul-01 Retained earnings Debit Jan-01 Balance Dec-31 Net income Dec-31 Stock dividend Dec-31 Cash dividend 184800 270600 Cash Dividend Debit 198000 72600 Feb-01 Dec-01 Dec-31 Stock Dividend Debit 184800 Jul-01 Dec-31 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, $11 par value, Paid in capital Additional paid in capital in excess of par value Total paid in capital Retained earnings Total stockholder's equity 1452000 257800 1709800 487600 2197400 Credit Balance 1320000 132000 1452000 Credit Balance 132000 132000 0 Credit Balance 205000 52800 257800 Credit Balance 603000 340000 943000 758200 487600 Credit Balance 198000 270600 270600 0 Credit Balance 184800 184800 0 Date Account Jul-01 Cash dividends - common Dividends payable - Commo stock Aug-01 Retained earnigs Accumulated depreciation Debit Credit 148500 148500 20500 20500 Sep-01 Diviends payable - Common stock Cash 148500 Dec-01 Stock Dividend Common stock dividends distributable Paid in capital I excess of par value - common stock 313500 Dec-15 Cash dividends - preferred Dividends payable -preferred stock 148500 49500 264000 38100 38100 Dec-31 Income summary retained earnigs 348000 Retained earnings Cash dividends 186600 Retained earnings Stock Dividends 313500 Preferred stock Date 1-Jan Balance 348000 186600 313500 Debit Credit Debit Credit Common stock dividends distributable Date Jan-01 Debit Credit 49500 Paid in capital in excess of par - preferred stock Date Jan-01 Debit Credit Commo stock Jan-01 Paid in capital I excess of par - Common stock Date Jan-01 Dec-01 Retaied earings Date Jan-01 Blance Aug-01 Prior period Dec-31 Net icome Dec-31 cash dividend Dec-31 Stock dividend Cash dividends Date Jul-01 Dec-15 Dec-31 Stock divided Date Dec-01 Dec-31 Debit 264000 Debit 348000 186600 313500 Debit Credit 148500 38100 186600 Debit Credit 313500 313500 826500 20500 806000 348000 1154000 38100 313500 148500 Shareholder's equity Shareholder's equity Paid in capital Capital stock 6% preferred stock Commo stock Common stock distributable Total capital stock Additional paid in capital In excess of par - pereffed In excess of par - common Credit 20500 Retained earnings statement Balance, Jan 1 Correction Balance, Jan 1 adjusted Add: Net income Less: Cash dividends- Preferred Stock dividends Cash dividend - Common Balance, Dec 31 Credit 635000 495000 49500 1179500 207000 564000 500100 653900 Total additional paid in capital Retained earnings Total equity 771000 1950500 653900 2604400 balance 635000 balance 495000 balance 49500 balance 207000 balance 300000 564000 balance 826500 806000 1154000 967400 653900 balance 148500 186600 0 balance 313500 0 Retained earnings Sep-01 Prior Oct-01 Cash divide Dec-31 Stock divid b 90300 381000 457200 Balance Correction Adjusted balance Add: Net income Less: Cash dividend Stock dividend Balance, Dec 31 c Balance sheet Paid in capital Capital stock 6% preferred stock Commo stock Common stock distributable Total capital stock Additional paid in capital In excess of par - pereffed In excess of par - common Total additional paid in capital Retained earnings Total equity Total cash diviend Allocated to preferred stock Dividends in arrers 2017 dividend Remainder 851590 90300 761290 593000 1354290 381000 457200 516090 740000 3810000 381000 4931000 254000 398000 652000 516090 6099090 381000 44400 44400 292200 Jan-01 Blance Dec-31 Net income 851590 593000 Dec-31 Balance 516090 Answer: a b c d Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1365000 435800 1800800 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1365000 435800 1800800 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1568472 232328 1800800 Balance Sheet Stockholder's equity Paid in capital Capital stock Common stock, Retained earnings Total stockholder's equity 1568472 429288 1997760