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On January 1 , 2 0 2 2 , Brady & Co , had the following stockholders equity accounts:Common Stock ( 5 0 0 ,
On January Brady & Co had the following stockholders equity accounts:Common Stock shares outstandingPaid in capital in excess of parcommon stockRetained EarningsDuring the following transactions occurred:Mar Declared a cash dividend of $ per share to shareholders of record on March th payable on April Apr Paid the cash dividendJun Announced a for stock split. Prior to the split the market price per share was $Jul Declared a stock dividend to stockholders of record on August st distributable on August thThe market price of the stock on July th was $ per shareAug Issued the shares for the stock dividendDec Declared a $ per share dividend to stockholders of record on December th payable on January stDec Determined that net income for the vear was $Jan$$DecJournalize all the transctions and closing entries for the net income, cash dividends and stock dividendComplete the stockholders equity section at December Problem
On January Brady & Co had the following stockholders equity accounts:
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