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On January 1, 2022, Blossom Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $1 cash
On January 1, 2022, Blossom Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 3-for-1 stock split. Prior to the split, the market price per share was $35. July 1 Declared a 4\% stock dividend to stockholders of record on July 15, distributable July 31 . On July 1, the market price of the stock was $10 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a \$0.30 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $300,000. BLOSSOM CORPORATION Partial Balance Sheet $ $ BLOSSOM CORPORATION Partial Balance Sheet $ $ BLOSSOM CORPORATION Partial Balance Sheet $ $ BLOSSOM CORPORATION Partial Balance Sheet v $ $
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