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Please answer the questions I got wrong. Help needed. Help Needed. Clearer images added. Please answer the questions that are wrong. Fntries hor inlecteit cepporate
Please answer the questions I got wrong. Help needed. Help Needed. Clearer images added. Please answer the questions that are wrong. Fntries hor inlecteit cepporate tramkactiona The folibuing selected traniactions ectures during the vear Jeh. 1S. Pald tash dividende of 50.06 per share on the common stock. The divileri had heen prepery recorded when devarta an December 1 ef tha preceding fiscal vear far 514,320. Mar 15. Sold all of the treasary steck for 16.75 per share. Apr, 13. Issued 200,000 thares of common tleck for $8 per share. July 16. Iswed stock for sock dividend dedared an June 14. Dect. 30. Purchased $0,000 shafts of treasury stock for $6 per share. Dec. 30. Deciared an 10.08 -perishare dividend on cammen stock: 31. Clased the two divisends acceunks to ketained Eamings. itequired Treasury Stock; fiock Dividends pistr bibable; Stock pyidenos; Caah Dividende: $775,000 to the relained earnings aceount, it an amount box dies not require an entry, Mave it basok Mar. 15. sold ail of the trealyly itock for 16.35 per share. Aar. 13. ismued 200,000 shares of common wtock for sil per share. Oct. 30. Purchased 50,000 shares of treasury stock for 56 per share. Dec. 30. Dectared an $0.08-per-share dividend on common stock. Dec. 31. Closed the two dividends accounts to Retained Eamings. 3. Prepare a statement of stockholders' equity for the year ended December 31 , 20vi. Assume that net income was $775,000 for the year ended December 31,20y I Shatemeat of Steckholdere' I iquity Nav-de Enterprises Inf: Baiance Sheet December 31, 20yI 5tickheiders' Fquily Puid-tn Capitat: cith x freasury steck (sy, e90. Sharesat coitl =x Hutal Fed-in Capital " Chia My wat Fintries for jriecteif copporate tramactiona The folowing selected traniactioris ectucksi during the vear Jen. IS. Rald casi divldendt of 10.06 per whare on the common stock. The divideri nag been prepedy recorded when devared an Derember 1 ef the preceding fiscal vear for 514,320. Mar. 15. Sold all of the beawary stock for 16.75 per share. Apr, 13. Lssued 200,005 shares of common 1tock for $8 per share. July th. Insued stoek for stock dividend dedared bin June 14. Det. 30. Purchased 30,009 shafes of treatury stock for f6 per share. Dec, 30. Deciared an 10.08 -perishare dividend on cemmen stock 31. Giosed the two dividends acceuhks to Retained Earuings. itequiredi 3775,000 to the retained earnings account. It an amount box dees not require an entry, Mare it bakk. Mar. 15, Sold all of the trediuly stock for 16.75 per share. Aat. 13. 1stued 200,000 shares of commos stock for sill per share. Oct. 30. Purchased 50,000 shares of treasury stock for s 5 per share. Dec. 30. Dectared an s0.08-per-share dividend on common stock. Dec. 31. Closed the two dividends accounts to Retained Eamings: 3. Prepare a statement of stockholders' equity for the year ended December 31 , 20vi. Assume that net income was $775,000 for the year ended December 31,20y I Statemeat of Steckholdere' I iquity Navide tnterprises Inc: Balance Sheet December 31, 20yI 5tickheiders' Equity Paid-tn Capital: citish x Mual Fald-In Capital towa kr war cast of itock dividend keep in mind the previevs stock transactions that have occurred, woild these transactions taque ant affeckin the amourit af the caih dividend? Fntries hor inlecteit cepporate tramkactiona The folibuing selected traniactions ectures during the vear Jeh. 1S. Pald tash dividende of 50.06 per share on the common stock. The divileri had heen prepery recorded when devarta an December 1 ef tha preceding fiscal vear far 514,320. Mar 15. Sold all of the treasary steck for 16.75 per share. Apr, 13. Issued 200,000 thares of common tleck for $8 per share. July 16. Iswed stock for sock dividend dedared an June 14. Dect. 30. Purchased $0,000 shafts of treasury stock for $6 per share. Dec. 30. Deciared an 10.08 -perishare dividend on cammen stock: 31. Clased the two divisends acceunks to ketained Eamings. itequired Treasury Stock; fiock Dividends pistr bibable; Stock pyidenos; Caah Dividende: $775,000 to the relained earnings aceount, it an amount box dies not require an entry, Mave it basok Mar. 15. sold ail of the trealyly itock for 16.35 per share. Aar. 13. ismued 200,000 shares of common wtock for sil per share. Oct. 30. Purchased 50,000 shares of treasury stock for 56 per share. Dec. 30. Dectared an $0.08-per-share dividend on common stock. Dec. 31. Closed the two dividends accounts to Retained Eamings. 3. Prepare a statement of stockholders' equity for the year ended December 31 , 20vi. Assume that net income was $775,000 for the year ended December 31,20y I Shatemeat of Steckholdere' I iquity Nav-de Enterprises Inf: Baiance Sheet December 31, 20yI 5tickheiders' Fquily Puid-tn Capitat: cith x freasury steck (sy, e90. Sharesat coitl =x Hutal Fed-in Capital " Chia My wat Fintries for jriecteif copporate tramactiona The folowing selected traniactioris ectucksi during the vear Jen. IS. Rald casi divldendt of 10.06 per whare on the common stock. The divideri nag been prepedy recorded when devared an Derember 1 ef the preceding fiscal vear for 514,320. Mar. 15. Sold all of the beawary stock for 16.75 per share. Apr, 13. Lssued 200,005 shares of common 1tock for $8 per share. July th. Insued stoek for stock dividend dedared bin June 14. Det. 30. Purchased 30,009 shafes of treatury stock for f6 per share. Dec, 30. Deciared an 10.08 -perishare dividend on cemmen stock 31. Giosed the two dividends acceuhks to Retained Earuings. itequiredi 3775,000 to the retained earnings account. It an amount box dees not require an entry, Mare it bakk. Mar. 15, Sold all of the trediuly stock for 16.75 per share. Aat. 13. 1stued 200,000 shares of commos stock for sill per share. Oct. 30. Purchased 50,000 shares of treasury stock for s 5 per share. Dec. 30. Dectared an s0.08-per-share dividend on common stock. Dec. 31. Closed the two dividends accounts to Retained Eamings: 3. Prepare a statement of stockholders' equity for the year ended December 31 , 20vi. Assume that net income was $775,000 for the year ended December 31,20y I Statemeat of Steckholdere' I iquity Navide tnterprises Inc: Balance Sheet December 31, 20yI 5tickheiders' Equity Paid-tn Capital: citish x Mual Fald-In Capital towa kr war cast of itock dividend keep in mind the previevs stock transactions that have occurred, woild these transactions taque ant affeckin the amourit af the caih dividend
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