Only need help with 3 Morrow Enterprises Inc manufactures bathroom fixtures Morrow Enterprises' stockholders' equity accounts, with balances on January 1, 20Y6, are as follows Common stock, $20 stated value (500,000 shares authorized, 363,000 shares issued) $7,260,000 Paid In Capital in Excess of Stated Value Common Stock 834,900 Retained Earnings 32,541,000 492,100 Treasury Stock (25,900 shares, at cost) The following selected transactions occurred during the year Jan 22 Paid cash dividends of $0 09 per share on the common stock The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $30,339 Apr Jun Jul 10 6 5 Issued 80,000 shares of common stock for $23 per share Sold all of the treasury stock for $25 per share Declared a 3 Stock dividend on common stock, to be capitalized at the market price of the stock, which is $26 per share Aug 15 Issued the certificates for the dividend declared on July 5 Nov Dec 23 28 Purchased 33,000 shares of treasury stock for $19 per share Declared a $0 10 per share dividend on common stock 31 Closed the two dividends accounts to Retained Earnings Required 1 Enter the January 1 balances in T accounts for the stockholders' equity accounts listed If required, round your answers to the nearest dollar 2 Journalize the entries to record the transactions, and post to the eight selected accounts Assume that the closing entry for revenues and expenses has been made and post net income of $1,218,500 to the retained earnings account Refer to the Chart of Accounts for exact wording of account titles When required, round your answers to the nearest dollar 3 Prepare a statement of stockholders' equity for the year ended December 31, 20Y6 Assume that net income was $1,218,500 for the year ended December 31, 20Y6 For those boxes in which you must enter subtracted or negative numbers use a minus sign If there is an amount is zero, enter 0 Morrow Enterprises Inc Statement of Stockholders' Equity For the Year Ended December 31, 2046 Paid In Capital Retained Common Stock in Excess of Paid In Capital from Sale of Treasury Stock Treasury Stock Total Earnings Stated Value

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Only need help with  3 Morrow Enterprises Inc  manufactures bathroom fixtures  Morrow Enterprises' stockholders' equity accounts, with balances on January 1, 20Y6, are as follows  Common stock, $20 stated value (500,000 shares authorized, 363,000 shares issued) $7,260,000 Paid In Capital in Excess of Stated Value   Common Stock 834,900 Retained Earnings 32,541,000 492,100 Treasury Stock (25,900 shares, at cost) The following selected transactions occurred during the year  Jan  22 Paid cash dividends of $0 09 per share on the common stock  The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $30,339  Apr  Jun  Jul  10 6 5 Issued 80,000 shares of common stock for $23 per share  Sold all of the treasury stock for $25 per share  Declared a 3  Stock dividend on common stock, to be capitalized at the market price of the stock, which is $26 per share  Aug  15 Issued the certificates for the dividend declared on July 5  Nov  Dec  23 28 Purchased 33,000 shares of treasury stock for $19 per share  Declared a $0 10 per share dividend on common stock  31 Closed the two dividends accounts to Retained Earnings  Required  1  Enter the January 1 balances in T accounts for the stockholders' equity accounts listed  If required, round your answers to the nearest dollar 2  Journalize the entries to record the transactions, and post to the eight selected accounts  Assume that the closing entry for revenues and expenses has been made and post net income of $1,218,500 to the retained earnings account  Refer to the Chart of Accounts for exact wording of account titles  When required, round your answers to the nearest dollar  3  Prepare a statement of stockholders' equity for the year ended December 31, 20Y6  Assume that net income was $1,218,500 for the year ended December 31, 20Y6  For those boxes in which you must enter subtracted or negative numbers use a minus sign  If there is an amount is zero, enter  0    Morrow Enterprises Inc  Statement of Stockholders' Equity For the Year Ended December 31, 2046 Paid In Capital Retained Common Stock in Excess of Paid In Capital from Sale of Treasury Stock Treasury Stock Total Earnings Stated Value

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Only need help with #3 Morrow Enterprises Inc. manufactures bathroom fixtures. Morrow Enterprises' stockholders' equity accounts, with balances on January 1, 20Y6, are as follows:

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