In year 2018, the following transactions affected its stockholders' equity accounts Dan. Dan Feb. July Aug. Sept. Oct. Dec 1 Purchased 5,eee shares of its own stock at $15 cash per share. 5 Directors declared a 54 per share cash dividend payable on February 28 to the February 5 stockholders of record. 28 Paid the dividend declared on January 5. & Sold 1,875 of its treasury shares at 519 cash per share. 22 Sold 3,125 of its treasury shares at $12 cash per share Directors declared - 54 per share cash dividend payable on October 28 to the September 25 stockholders of record. 28 Paid the dividend declared on September 5. 31 Closed the $368,eee credit balance (from net income) in the Income Sunsary account to Retained Earnings Required: 1. Prepare journal entries to record each of these transactions for 2018 2. Prepare a statement of retained earnings for the year ended December 31, 2018 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions for 2018. View transactions list Journal entry worksheet 2 3 4 5 Record the purchase of 5,000 shares of its own common stock for 515 cash per share. Note Enter debts tore credits General Journal Date Jan 01 Debit Credit Record View general and Required: 1. Prepare journal entries to record each of these transactions for 2018 2. Prepare a statement of retained earnings for the year ended December 31, 2018. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a statement of retained earnings for the year ended December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2018 0 $ Required: 1. Prepare journal entries to record each of these transactions for 2018. 2. Prepare a statement of retained earnings for the year ended December 31, 2018. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2018. KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2018 Total contributed capital 0 Total stockholders' equity $
