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laration to preferrea snares and u w I LIVELLIRUHU tom pow W MANY , VAN. Problem 13-3A Share dividends, share splits, retirements, equity section of

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laration to preferrea snares and u w I LIVELLIRUHU tom pow W MANY , VAN. Problem 13-3A Share dividends, share splits, retirements, equity section of balance sheet L01, 2 CHECK FIGURE: Equity, Dec. 31, 2020 = $7,206,000 AIM Inc. showed the following equity account balances on the December 31, 2019, balance sheet: Common shares, unlimited authorized shares, 640,000 shares issued and outstanding Retained earnings $5,760,000 2,130,000 902 Corpore Reporting PoE Per Shares 2020, the following selected transactions occurred: TO by AIM Repurchased and retired 168.000 common shares S1000 Whare the coded Declared a 10 share dividend to shareholders of record on December 10, din December 20. The market prices of the shares on December 1. December 10, and Decemb20 were 700 16.79 and 100, Distributed the share dividend declared December Closed the credit balance of 1996.000 in the income Summary account 1 20 4. Journalize the transactions above (assuming the retirements were the first ever recorded by AIM Inc.). A Dividends, retirement. stata

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