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Need help with this Data table At Decennber 31, 2018, Sidestep Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except
Need help with this
Data table
At Decennber 31, 2018, Sidestep Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). (Click the icon to view the data.) Requirement 1. Joumalize Sidestep's transactions in b, c, d, and e. Explanations are not requi credits. Exclude explanations from any joumal entries.) b. Issuance of 8 million shares of common stock for $13.00 per share. Sidestep's 2019 transactions included More info a. b. c. d. e. Net income, $448 million Issuance of 8 million shares of common stock for $13.00 per share Purchase of 4 million shares of treasury stock for $48 million Sold 2 million of the treasury shares purchased in part c for $30 million Declaration and payment of cash dividends of $27 million Journal Entry Accounts Debit Credit print Done Data table Common stock, $4.00 par value per share, 27 million shares issued Paid-in capital in excess of par value Retained eamings Treasury stock, at cost Total stockholders' equity 108 14 (60) 327
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