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Madrid Jewelry Company reported the following summarized balance sheet at December 31, 2018: Click the icon to view the statement.) During 2019, Madrid Jewelry completed

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Madrid Jewelry Company reported the following summarized balance sheet at December 31, 2018: Click the icon to view the statement.) During 2019, Madrid Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements Requirement 1. Joumalize Madrid Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 5,600 shares of common stock for $7 per share. Date Journal Entry Accounts Debit Credit Feb 13 Jun 7: Declared the regular cash dividend on the preferred stock Joumal Entry Date Accounts Jun 7 Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Madrid Jewelry Company reported the following summarized balance sheet at December 31, 2018: Click the icon to view the statement.) During 2019, Madrid Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements Jun 24: Paid the cash dividend. Journal Entry Accounts Date Debit Credit Jun 24 Aug 9: Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $11 per share Journal Entry Accounts Date Debit Credit Aug 9 Choose from any list or enter any number in the input fields and then continue to the next question. Madrid Jewelry Company reported the following summarized balance sheet at December 31, 2018: Click the icon to view the statement.) During 2019, Madrid Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements Oct 26: Reacquired 400 shares of common stock as treasury stock, paying $14 per share. Journal Entry Accounts Date Debit Credit Oct 26 Nov 20: Sold 200 shares of the treasury stock for $18 per share. Journal Entry Date Accounts Debit Credit Nov 20 Choose from any list or enter any number in the input fields and then continue to the next question. Madrid Jewelry Company reported the following summarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Madrid Jewelry completed these transactions that affected stockholders' equity (Click the icon to view the transactions.) Read the requirements Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock, dividends will be paid in January, 2020. (Round your answer to the nearest whole dollar.) Journal Entry Accounts Date Dec 31 Debit Credit Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $30,000. (Enter the accounts in the proper order for the stockholders' equity Madrid Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity par shares Choose from any list or enter any number in the input fields and then continue to the next question. Madrid Jewelry Company reported the following summarized balance sheet at December 31, 2018 (Click the icon to view the statement.) During 2019, Madrid Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements Madrid Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity: S $ $ par par shares shares shares Total paid-in capital shares Total stockholders' equity Choose from any list or enter any number in the input fields and then continue to the next question. ing summarized balance 001 * Data Table e transactions that affecte Amount Madrid Jewelry 9 $ Balance Sheet 33,800 68,500 December 31 $ 102,300 $ $ $ 37,800 Assets Current assets ........ Property and equipment, net. Total assets Liabilities and Equity Liabilities ... Stockholders' equity: $0.40 cumulative preferred stock, $10 par, 600 shares issued Common stock, $3 par, 6,400 shares issued Paid-in capital in excess of par-common Retained earnings Total liabilities and equity 6,000 19,200 17,300 22,000 $ 102,300 Print Done in the input fields and thorroom ansactions that affected stockholderelaami * More Info Madrid Jewd Balance SH Feb Decembe Jun 24 Aug > > 13 Issued 5,600 shares of common stock for $7 per share. Declared the regular cash dividend on the preferred stock. Paid the cash dividend 9 Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $11 per share. 26 Reacquired 400 shares of common stock as treasury stock, paying $14 per share. 20 Sold 200 shares of the treasury stock for $18 per share. Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. Oct Nov Dec 31 Print Done A input fields and then continue to the nevtection

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