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P13-44A (book/static) More Info The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: E: (Click the icon
P13-44A (book/static) More Info The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: E: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2018, Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Feb. 6 Feb. 15 Read the requirements Declared a 15% stock dividend on common stock. The market value of Goldstein's stock was $25 per share. Distributed the stock dividend. Purchased 2,300 shares of treasury stock at $25 per share. Declared a $0.10 per share cash dividend on the common stock outstanding. Jul. 29 Nov. 27 Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of Feb. 6: Declared a 15% stock dividend on the common stock. The market value of Goldstein's stock was $25 per share. Date Done Print Accounts and Explanation Debit Credit Data Table Feb. 6 Requirements Stockholders' Equity Paid-In Capital: Common Stock-$10 Par Value; 350,000 shares authorized, 32,000 shares issued and outstanding $ 320,000 330,000 Paid-In Capital in Excess of ParCommon Total Paid-In Capital Choose from any list| 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2018. Assume Goldstein's net income for the year was $90,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2018 650,000 160,000 Retained Earnings parts remaining $ 810,000 Check Answer Total Stockholders' Equity
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