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I need help on all of it please. millions, except per-share amounts). At December 31, 2018, Eastern Corporation reported the stockholders' equity accounts shown here
I need help on all of it please.
millions, except per-share amounts). At December 31, 2018, Eastern Corporation reported the stockholders' equity accounts shown here (with dollar amounts (Click the icon to view the data.) Eastern's 2019 transactions included i (Click the icon to view the transactions.) Requirements 1. Journalize Easter's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the overall effect of these transactions (parts a-e) on Eastern's stockholders' equity? Journal Entry Accounts Date Credit X Debit 108 Data Table c. Treasury Stock Cash 108 S 29 Common stock, $1.00 par value per share, 29 million shares issued Paid-in capital in excess of par value Retained earnings Treasury stock, at cost Total stockholders' equity 102 275 (70) Credit More Info d. Sold 2 million of the treasury shares purchased in partc for $28 million Journal Entry Date Accounts Debit d. Cash Treasury Stock Paid-in Capital from Treasury Stock 28 || $ 336 26 2 Print Done a. Net income, S445 million b. Issuance of 12 million shares of common stock for $13.50 per share c. Purchase of 9 million shares of treasury stock for $108 million d. Sold 2 million of the treasury shares purchased in partc for $28 million e. Declaration and payment of cash dividends of $33 million e 1. Declaration and payment of cash dividends of $33 million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the dividend next Journal Entry Accounts Print Done Date Debit Credit e 1. 33 Retained Earnings Dividends Payable e 2. Declaration and payment of cash dividends of $33 million. Now journalize the payment of the cash dividends. Journal Entry Accounts Credit Date e 2. Debit 33 Dividends Payable Cash Requirement 2. What was the overall effect of these transactions (parts a through e) on Eastern's stockholders' equity? The overall net effect on stockholders' equity is a net increase of S Choose from any list or enter any number in the input fields and then continue to the next question. millions, except per-share amounts). At December 31, 2018, Eastern Corporation reported the stockholders' equity accounts shown here (with dollar amounts (Click the icon to view the data.) Eastern's 2019 transactions included i (Click the icon to view the transactions.) Requirements 1. Journalize Easter's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the overall effect of these transactions (parts a-e) on Eastern's stockholders' equity? Journal Entry Accounts Date Credit X Debit 108 Data Table c. Treasury Stock Cash 108 S 29 Common stock, $1.00 par value per share, 29 million shares issued Paid-in capital in excess of par value Retained earnings Treasury stock, at cost Total stockholders' equity 102 275 (70) Credit More Info d. Sold 2 million of the treasury shares purchased in partc for $28 million Journal Entry Date Accounts Debit d. Cash Treasury Stock Paid-in Capital from Treasury Stock 28 || $ 336 26 2 Print Done a. Net income, S445 million b. Issuance of 12 million shares of common stock for $13.50 per share c. Purchase of 9 million shares of treasury stock for $108 million d. Sold 2 million of the treasury shares purchased in partc for $28 million e. Declaration and payment of cash dividends of $33 million e 1. Declaration and payment of cash dividends of $33 million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the dividend next Journal Entry Accounts Print Done Date Debit Credit e 1. 33 Retained Earnings Dividends Payable e 2. Declaration and payment of cash dividends of $33 million. Now journalize the payment of the cash dividends. Journal Entry Accounts Credit Date e 2. Debit 33 Dividends Payable Cash Requirement 2. What was the overall effect of these transactions (parts a through e) on Eastern's stockholders' equity? The overall net effect on stockholders' equity is a net increase of S Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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