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i have correctly entered the journal entries. please just complete the balance sheet! (: More info Data table lamburg Jeweiry Company reported the following summarized
i have correctly entered the journal entries. please just complete the balance sheet! (:
More info Data table lamburg Jeweiry Company reported the following summarized balance sheet at December 31,2018 : (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Hamburg Jewelry's transactions. Explanations are not required. (Record debits first, th Feb 13: Issued 6,000 shares of common stock for $10 per share. Jun 7: Declared the regular cash dividend on the preferred stock. Jun 24: Paid the cash dividend. Aug 9: Declared and distributed a 20% stock dividend on the common stock. Market price of the common Oct 26: Reacquired 1,200 shares of common stock as treasury stock, paying $13 per share. Nov 20: Sold 1,000 shares of the treasury stock for $16 per share. Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. dollar:) Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $33,000. (Enter the accour stockhoiders' equity section of the balance sheet.) equirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $33.000. (Enter the acoounis in the propor order for the ockholders' equity section of the balance sheet.) More info Data table lamburg Jeweiry Company reported the following summarized balance sheet at December 31,2018 : (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Hamburg Jewelry's transactions. Explanations are not required. (Record debits first, th Feb 13: Issued 6,000 shares of common stock for $10 per share. Jun 7: Declared the regular cash dividend on the preferred stock. Jun 24: Paid the cash dividend. Aug 9: Declared and distributed a 20% stock dividend on the common stock. Market price of the common Oct 26: Reacquired 1,200 shares of common stock as treasury stock, paying $13 per share. Nov 20: Sold 1,000 shares of the treasury stock for $16 per share. Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. dollar:) Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $33,000. (Enter the accour stockhoiders' equity section of the balance sheet.) equirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $33.000. (Enter the acoounis in the propor order for the ockholders' equity section of the balance sheet.) Step by Step Solution
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