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AlM Inc. showed the following equity account bolances on the December 31, 2022, bolance sheet: During 2023, the following selected transoctions occurred: Feb. 10 Repurchased and netired 157,900 common shares at $10.00 per share: this is the first retirement recorded by ALM. May 15 Deelered o 21 share split to shereholders of recerd on June 1, distributeble June 15 . Dec. 1 Declored a 10% shere dividend to sharehelders of record on December 10 , distribundble December 20 . The merket prices af the shares on December 1, December 10 , and December 20 were $6.00$6.60, and $6.60, respectively. 20 Distributed the shere dividend deciored December 1. 31 Closed the credit balance of $946.200 in the Ineome Summary account. Required: a. Journalize the transactions above (assuming the retirements were the first ever recorded by AIM inc). The company does not use a share dividends account. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 3 4 Note: Enter debits before credits. Journal entry worksheet 5 Record the declaration by the directors of a 2:1 share split effective on this date. Note: Enter debits before credits. Journal entry worksheet Record the declaration of 10% share dividend. Note: Enter debits before credits. Journal entry worksheet Record to distribute share dividend declared December 1. Note: Enter debits before credits. Journal entry worksheet 1 Record the closure of the Income Summary account. Note: Enter debits before credits. \begin{tabular}{|c|c|c|} \hline Date & Note Disclosure & Amount \\ \hline February 10,2023 & & \\ \hline May 15, 2023 & & \\ \hline December 01,2023 & & \\ \hline December 20,2023 & & \\ \hline December 31, 2023 & & \\ \hline \end{tabular} b. Prepare the equity section on the December 31,2023 , balance sheet

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