Mady Entertainment Inc; showed the following equity account balances on the December 31, 2022, balance sheet: During 2023, the following selected transactions occurred: Apr. 1 Repurchased and retired 170,000 conenon shares at 39.20 per share; this is the first retireaent recorded by Mady: June 1 Declared a 2.1 share sp1it to shareholders of record on June 12, distributable June 30 . Dec. 1 Declared a 10x share dividend to shareholders of record on Oncenter 10, distributable Decenber 20, the narket prices af the shares on Deceeber 1 , Decenber 10 , and Decenber 20 were 36.20, 35.96, and $6.10, respectively. 20 Distributed the share dividend declared Decenber 1. 31 closed the credit balance of $756,000 in the Incone Sumary account. Required: a. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment Inc). The company does not use a share dividends account. (If no entry is required for a transaction/event, select "No journal entry required" in the first occount field.) Journal entry worksheet Required: a. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment Inc). The company does not use a share dividends account. (If no entry is required for a transaction/event, select "No joumal entry required" in the first occount field.) Required: o. Journalize the transactions above (assuming the relirements were the first ever recorded by Mady Entertainment Inc). The company does not use a share dividends account, (if no entry is required for o transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 5 Record the declaration by the directors of a 2:1 share split effective on this date. Notel Erher debits belore crealts. Required: o. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment Inc) The company does not use a share dividends account. (If no entry is required for o transaction/event, select "No joumal entry requirod" in the first occount field.) Journal entry worksheet Record the declaration of 10% share dividend. Note: Enter debits before credis; a. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment Inc). The company does not use a share dividends account. (If no entry is required for a transaction/event, select "No journal entry required" in the first occount field.) Journal entry worksheet Record to distribute share dividend declared December 1. Note; Finter detutis before credits. Required: o. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment inc). The compuny does not use a share dividends account. (If no entry is required for a transaction/event, select "No journal entry required" in the first occount field.) Journal entry worksheet
