Journalize all of Duford's stockholders equity transactions during the year. Duford's entry to close net income to retained earnings was: Revenues...178,000; Expenses...113,000; Retained Earnings....65,000.

Duford Networking Solutions began operations on January 1, 2016, and immediately issued its stock, recelving cash. Duford's balance sheet at December 31, 2016, reported the following stockholders' equity EEB(Clok the loon to view the stockholdens equity balances ) During 2016, Dufor (Click the loon to view the 2016 transactions.) Read the reairement Requirement 1. Joumalize all of Duford's stockholders' equity transactions during the year. (Record debits frst, then credits Exclude explanations from any journal entries) a. issued stock for $3 per share. Journal Entry Data Table Debit Credit Common stock, $1 par Additional paid-in capital Retained eamings Treasury stock, 600 shares 59,000 118.200 50,000 (7,800) 219,400 b. Purchased 800 shares of tressury stock, paying $13 per share. Total stockholders equity Journal Entry Date Debit Credit Print Done More info c. Resold some of the treasury stock a. issued stock for $3 per share. b. purchased 800 shares of treasury stock, paying $13 per share. e. resold some of the treasury stock. d. declared and paid cash dividends Journal Entry Date Debit Print Done d. Deciared and paid cash dividends. Choose from any list or enter any number in the input fieids and then continue to the next