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On January 1, 2022, Ivanhoe Corporation had the following stockholders' equity accounts. Common Stock (no par value, 87,000 shares issued and outstanding) $1,355,000 Retained Earnings
On January 1, 2022, Ivanhoe Corporation had the following stockholders' equity accounts.
Common Stock (no par value, 87,000 shares issued and outstanding) $1,355,000
Retained Earnings 494,000
During the year, the following transactions occurred:
On January 1, 2022, Ivanhoe 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 5\% stock dividend to stockholders of record on July 15, distributable July 31 . On July 1, the market price of the stock was $12 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 $378,000. (a) Prepare the stockholders' equity section of the balance sheet at March 31. (Enter account name only and do not provide descriptive information.) Prepare the stockholders' equity section of the balance sheet at June 30. (Enter account name only and do not provide descriptive information.) IVANHOE CORPORATION Partial Balance Sheet eTextbook and Media List of Accounts Attempts: 0 of 5 used (c) Prepare the stockholders' equity section of the balance sheet at September 30. (Enter account name only and do not provide descriptive information.) Prepare the stockholders' equity section of the balance sheet at December 31, 2022. (Enter account name only and do not provide downtindtwo information 1Step by Step Solution
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