Please answer the following highlighted in red... the other images are just extra information if needed. Thank you!
Date Click the icon to view the transactions Read the rements Requirement 1. Record the transactions in Deerton's general puma record debits first, then credits. Select the explanation on the use of the journal entry taste. I no erary is required, select "No enty round on the first line of the Account and Explanation column and we the remaining esk) Jan 16 Declared a candided on the 100 procentive preferred stock (1.050 estado Dewed 8020 per share dividend on the 100.000 hores per value common ockstanding the date of records y de ayer 15. Accounts and Explanation Debit Cra Jan 16 Cash Dividende More Info Dividende wybie Preferred 8.400 Dividenda Payable 20.000 Jan 16 Declared divided on the 5103 par preferred took Decida che (1.060 wars stadig. Dedered a 100 perare divided on the 100.000 sures of a cong. The date recordar 31, and the payment de la Forway Feb 15 Peteca dende Feb. 15 Paid the cathode Date Accounts and Explanation De Cred M. Der vidend on the common ock. The art weer Dividends Puyated common lock www Aug 15 Od the cock and Dividends Patie Como 20.000 Od Puhased operare Now 800 hrs of rely ok 10 per Cash 2640 Done 10 common stock - Accounts and Explanation Choose from any list of enter any number in the input fields and then click Check Answer Final Check Clear All All parts showing Read the requirements. Jul. 30: Declared a 30% stock dividend on the common stock. The market value of the common stock was $9 per share Date Accounts and Explanation Debit Credit Jul. 30 Stock Dividends 60,000 Common Stock Dividend Distributable 60,000 Declared a 30% stock dividend. Aug. 15: Distributed the stock dividend. Date Accounts and Explanation Common Stock Dividend Distributable Common Stock$1 Par Value Debit Credit 60,000 Aug. 15 60,000 Issued 30% stock dividend Oct. 26: Purchased 1,000 shares of treasury stock at $8 per share. Debit Credit Date Accounts and Explanation Treasury Stock-Common Cash 8,000 Oct. 26 8,000 Purchased treasury stock. Nov. 8: Sold 500 shares of treasury stock for $10 per share. Score: 1.29 of 2 pts P13-42A (book/static) Deerborn Manufacturing Co. completed the following transactions during 2018: (Click the icon to view the transactions.) Read the requirements Date Accounts and Explanation Oct. 26 Treasury Stock-Common Cash Debit Credit 8,000 8,000 More Debit Credit Jan. 16 Date Purchased treasury stock. Nov. 8: Sold 500 shares of treasury stock for $10 per share. Accounts and Explanation Nov. 8 Cash Treasury Stock-Common Paid-In Capital from Treasury Stock Transactions 5,000 4,000 1,000 Feb. Jun. Jul. 15 10 30 200 Sold treasury stock above cost. Aug. 15 Oct. 26 Nov. 30: Sold 300 shares of treasury stock for $4 per share. Nov. 8 30 Date Accounts and Explanation Debit Credit Nov. 30 Cash 1,200 Paid-in Capital from Treasury Stock Transactions 1,000 Retained Earnings Treasury Stock-Common 2,400 Sold treasury stock below cost. Requirement 2. Prepare the Deerborn's stockholders 'equity section of the balance sheet as of December 31, 2018. Assume that De issued at par. The ending balance of retained earnings as of December 31, 2018, is $2,060,000. (Use parentheses or a minus sign for a Deerborn Manufacturing Co. Choose from any list or enter any number in the input fields and then click Check Answer. Deerborn Manufacturing Co, completed the following transactions during 2018: (Click the icon to view the transactions.) Read the requirements Sold treasury stock above cost. Nov. 30: Sold 300 shares of treasury stock for $4 per share. Date Accounts and Explanation Debit Credit Nov. 30 Cash 1,200 Paid-In Capital from Treasury Stock Transactions 1,000 Retained Earnings 200 Treasury Stock-Common 2,400 Sold treasury stock below cost. Requirement 2. Prepare the Deerborn's stockholders 'equity section of the balance sheet as of December 31, 2018. Assume that Deerbo issued at par. The ending balance of retained earnings as of December 31, 2018, is $2,060,000. (Use parentheses or a minus sign for amou Deerborn Manufacturing, Co. Balance Sheet (Partial) December 31, 2018 Stockholders' Equity Paid-In Capital: Preferred Stock-6%, $103 Par Value; 2,600 shares authorized 1,050 shares issued and outstanding 108,150 Common Stock-$1 Par Value; 400,000 shares authorized, 260,000 shares issued shares outstanding Total Paid-In Capital Retained Earnings Treasury Stock-Common; shares at cost (1.600) $ Total Stockholders' Equity
