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I need a jounral entry per transaction ^ statemenr of RE^ stockholders equity^ impact of equity^ Prepare the stockholders' equity section of Kohler Corporation's balance
I need a jounral entry per transaction ^
statemenr of RE^
stockholders equity^
impact of equity^
Prepare the stockholders' equity section of Kohler Corporation's balance sheet as of December 31. Kohler Corporation reports the following components of stockholders' equity on January 1. Common stock-\$10 par value, 100,000 bbares authorized, 40,000 absres issued and outatanding pald-in eapital in excess of par value, connon stock. Retained earnings Total stockholders" equity 500,00060,000270,0005730,000 During the year, the following transactions affected its stockholders equity accounts. January 2 Purchased 4,000 shares of 1 ts own stock at $20 cesh per share. January 5 Directors declared a $2 per ahare cash dividend payable oe February 2 to the rebruary 5 atockholdors of record. Febroary 28 Paid the dividend deelared on January $. July 6 Sold 2,000 of its treasury whares at $24 canh per share. Auguet 22 Sold 2,000 of its tressury shares at $16 oash per ahare. Septeaber 5 Directors declared a $2 per share cash dividend payable oe Qctober 28 to the 5 epterber 25 atoekholdera of record. October 28 pald the dividend doclared on septenber:5. During the year, the following transactions affected its stockholders' equity accounts. Prepare the necessary journal entries. If no journal entry is required, select "No journal entry required" in the first input box. Note: Enter debits before credis. repare the Statement of Retained Earnings for Kohler Corporation for the year ended December 31. For each transaction, indicate the Impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of Decernber 31, as calculated, agrees with the amount reported on the balance sheet Step by Step Solution
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