On January 1, 2018 Robson Networking Solutions started business. On January 1, 2018, it issued stock...

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On January 1, 2018 Robson Networking Solutions started business. On January 1, 2018, it issued stock for cash. Robson's balance sheet at December 31, 2018, showed the following: (Click the icon to view the stockholders' equity balances.) During 2018, Robson (Click the icon to view the 2018 transactions.) Read the requirement. Requirement 1. Journalize all of Robson's stockholders' equity transactions during the year. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Issued stock for $5 per share. Date Journal Entry Accounts Debit Credit b. Purchased 1,000 shares of treasury stock, paying $10 per share. Date Journal Entry Accounts c. Resold some of the treasury stock. Date Debit Credit Journal Entry Accounts Debit Credit d. Declared and paid cash dividends. Journalize the declaration and payment of the dividends in one entry. (Do not use a liability account for this entry.) Journal Entry Date Accounts Debit Credit On January 1, 2018 Robson Networking Solutions started business. On January 1, 2018, it issued stock for cash. Robson's balance sheet at December 31, 2018, showed the following: (Click the icon to view the stockholders' equity balances.) During 2018, Robson (Click the icon to view the 2018 transactions.) Read the requirement. Requirement 1. Journalize all of Robson's stockholders' equity transactions during the year. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Issued stock for $5 per share. Date Journal Entry Accounts Debit Credit b. Purchased 1,000 shares of treasury stock, paying $10 per share. Date Journal Entry Accounts c. Resold some of the treasury stock. Date Debit Credit Journal Entry Accounts Debit Credit d. Declared and paid cash dividends. Journalize the declaration and payment of the dividends in one entry. (Do not use a liability account for this entry.) Journal Entry Date Accounts Debit Credit