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Missing required 2 & required 3 below: Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions. Credit No 1
Missing "required 2" & "required 3" below:
Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions. Credit No 1 Date Jan 02 General Journal Treasury stock, Common Cash Debit 100,000 100,000 Jan 05 180,000 Retained earnings Common dividend payable 180,000 Feb 28 180,000 Common dividend payable Cash 180,000 Jul 06 45,000 Cash Treasury stock, Common Paid-In capital, Treasury stock OOO 37,500 7,500 5 Aug 22 Cash Cash Paid-In capital, Treasury stock Retained earnings Treasury stock, Common OOOO 53,125 7,500 1,875 62,500 6 Sep 05 200,000 Retained earnings Common dividend payable 200,000 Oct 28 200,000 Common dividend payable Cash 200,000 Dec 31 408,000 Income summary Retained earnings 408,000 Recuired 1 Beauired Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a statement of retained earnings for the year ended December 31, 2019. (Amounts to be deducted should be indicated by a minus sign.) KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2019 Beginning retained earnings $ Add: Net income 460,000 408,000 868,000 Less: Cash dividends declared Less: Treasury stock reissuances Ending retained earnings $ 868,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2019 Common stock - $15 par value Paid-in capital in excess of par value, common stock Total contributed capital Retained earnings Total stockholders' equityStep by Step Solution
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