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I need help with the third part. preparing the stockholder's equity section of the company's balance sheet. Bryant & Stratton College ACCT205 - Acesunting Principles

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I need help with the third part. preparing the stockholder's equity section of the company's balance sheet.

Bryant & Stratton College ACCT205 - Acesunting Principles II Week 6 Homework Assignment Deadline Due hy the end of Week 6 a 11:59pm. ET. Directions Lising the information provide create a Word or Excel document with your responses to each question, the upload the document into Blackboard Cash dividends, r ury stock, and statement of retained earings Balth Corp. reports the following components of stockholders' equity on December 31, 2015: .......... 100.000 Common stock paws, 130,000 danes who 200 000 share do ing Pidin capital incess of wh om sock Rendering ..... Total wockholders 11760.000 It completed the following transactions related to stockholders' equity in year 2016 Jan Mar. TO Perchased 40,000 shares of its own stock at $12 cash per share 2 Directors declared a $1.50 per share cash dividend payable on March 31 to the March 15 stockholders of Mar. 31 Paid the dividend declared on March 2. Nov. Sold 24.000 of its treasury shares at $13 cash per share Nov. 25 Sold 16,000 ofis treasury shares at $9.50 cash per share, Dec. Directors declared a $2.50 per share cash dividend payable on January 2 to the December 10 stockholders of record Dec. 31 Closed the $1,072,000 credit balance (from net income) in the income Summary account to Retained Earnings Required 1. Prepare journal entries to record each of these transactions for 2016. 2. Prepare a statement of retained earnings for the year ended December 31, 2016. 3. Prepare the stockholders' equity section of the company's halance sheet as of December 31, 2016

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