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most of my answers were wrong from another tutor. please help! Check my work 1 Kohler Corporation reports the following components of stockholders' equity at
most of my answers were wrong from another tutor. please help! Check my work 1 Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Common stock -515 par value, 100,000 shares authorized 45,000 shares issued and outstanding Paid in capital in exces of par value, como stock Tetained earnings Total stockholders' equity $ 675,000 70.000 sae, 51,145, eee During 2019, the following transactions affected its stockholders' equity accounts Tan 2 Purchasad 4,500 share of its own stock 515 cash per share Jan 5 Directors declared a 52 per share cash dividend payable on February 28 to the February 5 stockholders of record Feb 25 Paid the dividend declared on January 5 July Sold 1,688 of its treasury shares at $10 cash per share 22 Sold 2,112 of its treasury shares at 112 cash per share Sept. Directors declarada per share cash dividend payable on October 28 to the September 25 stockholders record Oct 28 Paid the dividend declared on September Dec 11 Closed the $400,000 credit balance (from net income in the Incone Smary account to Retained Earnings Required: 1. Prepare journal entries to record each of these transactions 2. Prepare a statement of retained earnings for the year ended December 31, 2019 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019, Check my work 1 Required: 1. Prepare journal entries to record each of these transactions 2. Prepare a statement of retained earnings for the year ended December 31, 2019 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019 Complete this question by entering your answers in the tabs below. Required: Required 2 Required Prepare journal entries to record each of these transactions View transaction fist View journal entry worksheet Credit No Date Debit 67,500 General Journal Treasury stock Common Cash Jan 02 57,500 31.000 2 Jan 05 Common stock dividend distributable Common dividend payable 85.000 View transaction list Journal entry worksheet Record the purchase of 4,500 shares of its own common stock for $15 cash per share. Note: Enter debits before credits Credit Date General Journal Jan 02 Treasury stock, Common Cash Debit 67,500 67,500 rey 1 of 1 Next View transaction list Journal entry worksheet S 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, 2010 Paid-in capital in excess of par value, common stock 70,000 Treasury stock roissances 6,752 Total contributed capital 76,752 Retained earnings 569,500 Total stockholders equity 646.252 S
most of my answers were wrong from another tutor. please help!
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