Paid-in canital in ercest of par value, ceenon itock fotalned eacoings Teral stecthelder' equity During Year 2. the following transacuons offected its stockisolders' equity accounts. 3ahuary 2 . hurchated s, eed shares of its cwn stock at 525 cash per share. 3anuary 5 olrecteri declared a 14 peri thare cash dividend payable oe fibruary 28: to the Fetoruary 5 stochbolderi of record, February 28 Pall the dividend declared on. Jandary s. Joly 6 Sold 2 ,siet of lts ereasury thares at 329 cash per thart. Bugust 22 sold 2,5ed of its treasury thares at 221 cash per sharn. Meptepber. 5 ofrnctors declared a s4 per thare cash dividend payable on october 28 to the Sritesber 24 itotkholders of record. octeber as paid the dividend declared on sententer 1 . Preporejoumal erines to record each of these transactons: Drepare journal entries to recerd each of these transactiens, Journal entry worksheet 234456 Fecerd the purchase of 5,000 shares of its ovin common stock for 125cash per share. Notes Inter debers befors oredita. The financlal statements of Jeremsah Bulfrog Company report the following informaton at December 31, Year 1. Connon stect-s15, par value, 169, eot shares autharazed, d5, e0e shares issued and outstanding Paid-in capital in excess of par, yalue, comon stock. hatained warhings Total stockholder:" equity 5675,00069,000430,0905.1,165,000 During Year 2. the following transoctions affected its stockholders equety accounts. January z Purchated s, eed sbaren of its own stock at 925 cath per share. Jashary 5 blrectors declared a s4 per afare cath dividend poyable an February 22 to the February 5 stockholders of record. february 2E pald the dividend declared on Janoary 5. July 6 5old 2 , see of itt treasury spared at 120 cash per ahare. August 22 Sold 2 , 5el of its treasury thares at 321 cash per share. Septenber is olrectars declared a-s4 per. share cath ifividend payable on toctober 28. to the septesber 25 stackholders of record. octoter 2 h Faid the dividend Eeclared an Septeober. 5 . Preparefournal entres to fecord each of these transactons Prepare journal entries to fecord each of theise transactions. During Year 2, the following transactions affected its stockholders' equity accounts Jamary 2 purchasnd 3 , eas shares of Its own stock at 325 cash per share. january 5 pirectort declared a s4 pee ahare cash dividend payable on February 28 to the Febraary 5 stockholders of recond. Petruery 28 . Faid the dividend declared on january 5 . duly 6 sold 2 isee of its treatury shares at 329 cash per sbare. August 22 sold 2,5e0 of its treasury shares at 321cash per share. septenber's oirectors declared a 34 per share cash dividend payable on october 21 to the septenber 25 stocktalders of record. october 2il. Fald the atvidend declares on Septenter 5 . Prepare journal entrles to record each of these transactions. Prepare fournal entries to record each of there transactions. Journal entry worksheet During Year 2, the following transactons affected its stockholders' equity accounts 3anuary 2 Darchased 5 , ewi tharet of its den stock at $25 cash per share. Janwary 5. 0irectors declared a 44 per whare cath dividend payable on february 2a to the february s stockholders of record. Vehrubry 2 bald the dividend deciared on Janoary. 5 . July 5 sold 2,see of its treasury shares at 120 cash per shares Autust 22 sold 2 , sae of its treasury shares at 121 ease per share. Septenber 5 odrectari declared a 14 per whare cash dividend payable on october 28 to the Septenber 25 stockholders of recerd. Dctober at batd the dividend ifeclared on-septeaber. 5 . Prepare jounal enthes to fecord each of these transactions Prepere journal entries to recerd each of these transactions. Journal entry worksheet
