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journal entry 1-12 The equity sections for Kendall Group at the beginning of the year (Jonuary 1) and end of the year (December 31) follow.

journal entry 1-12
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The equity sections for Kendall Group at the beginning of the year (Jonuary 1) and end of the year (December 31) follow. The following transactions and events affected its equity during the year 7aniuary-5 Declared a \$2.2e per share cash dividend, payable on January 10. Aprils 5 peclared an thare cash dividend, payable on Aprit 10. July 5 Declared a 52.20 per share cash dividend, payable on Juty 10. July 31 Declared a 16 t stock dividend when the stock's aarket value was $22 per share. August 14 Issued the stock dividend that was declared on July 31 . 0ctober 5. Declaced a 12.20 per share cash dividend, date of record october 10. The following bransactions and events affected its equity during the year. Prepare the fournal entry necessary to recard each event, and then agree the year-end balances with the December 31 ' Stockholders' Equity statement given above. Journal entry whelkeknat

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