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please answer all questions Callaho inc. had the following balances in its equity accounts at Docember 31,2023. During 2024, the following equity transactions occurted: a.

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Callaho inc. had the following balances in its equity accounts at Docember 31,2023. During 2024, the following equity transactions occurted: a. March 14 : A 5% share dividend was declared when the market value was $14 per share, to be paid an August 15 b. May 9 : The beard of directors declared a 3.1 share split on this date. c. August 15: Date of diatribution regarding the 5% share dividend. d. December 31 : Closed the dividend account. 6. December 31 : Closed the income summary account, which has a credit balance of $90,000. a) Prepare journal entrios to accourt for the transactions during 2024, Enter an appropriate description when entering the transactions in the journat, Oates must be entered in the formur doimmm Janvary 15 would be 15/Jan ) b) Prepare the company/s statement of changes in equily for the year ended December 31, 2024. Please make sure your final answer(s) are accurate to the nearest whole number. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ (select (ne) } \\ \hline \multicolumn{4}{|c|}{StatementofChangesinEquity(welectove)} \\ \hline & (what one) & & \\ \hline & & CommonShares & RetainedTotalEamingsEquily \\ \hlinex+1+1 & & & \\ \hlinex+1+13 & & & \\ \hline & & & \\ \hline \end{tabular} c) Prepare the companys equity section of the balance sheet for the year ended December 31, 2024. Pleate make sure your fnal answer(s) are accurate to the nearest whole number Calaho inc: Equaty Sectoon of tre Balance sheet December 31,2024 Contributed capital Common shares, unimited shares auphorued thares iseved and outstanding Retained eamings Total equity

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