Journal entry worksheet begin{tabular}{llllll} Comparative Statements Of Shareholders' equity for Anaconda International Corporation Were reported as for the fiscal years ending December 31.2024.2025. and 2026.
Comparative Statements Of Shareholders' equity for Anaconda International Corporation Were reported as for the fiscal years ending December 31.2024.2025. and 2026. WCCNDA INtERUt1NL CORPORATI'* Stat&nentS of Shareholders' Equity For the Years Ended December 31, 2024, 2025, and 2e26 Retained Earning S s 1,948 s 3,273 Totat Shareho Iders' Equity s 2,713 Balance at January 1. 224 Sale of preferred Shares Sale Of common shares Cash dividend. preferred Cash coon Net income at December Retirement of shares Cash dividend, preferred Cash dividend, comon split effected in the form Of a dividend Net income Balance at Oeceber 22S Common Stock dividend Cash dividend, preferred Cash dividend. comon Net income Balance at December 31, 2026 Required; (S millions) preferred Stock SIB Stock $1 par s 85 s 92 Additional Paid-in Cap Ital S 680 1,656 1, Infer from the statements the events and transactions that affected Anaconda International Corporations shareholders' equity during 2024. 2025. and 2026. Prepare the journal entries that reflect those events and transactions. (Hint: In lieu Of revenues and expenses, use an account titled Income summary to Close net income or net loss.) 2. Prepare the shareholders' equity section of Anaconda's comparative balance sheets at December 31, 2026 and 2025.
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