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please help fill in the missing fields on the balance sheet 1.350,000 shares of common stock were issued at $15.90 per share. 270,000 shares of
please help fill in the missing fields on the balance sheet
1.350,000 shares of common stock were issued at $15.90 per share. 270,000 shares of treasury (common) stock were sold for $18.7 per share, 3. Net income for the year was $1,350 (in thousands). 4. The fiscal 2023 preferred dividends were paid in full. Assume that all 80,000 shares were outstanding throughout the year ended June 30, 2023. 5. A cash dividend of $0.20 per share was declared and paid to common stockholders. Assume that transactions 1 and 2 occurred before the dividend was declared. 6. The preferred stock was split 2 for 1 on June 30, 2023. (Note: This transaction had no effect on transaction 4.) Required: a. 1. Record the effect of transactions 1 to 6 in journal entry format. 2. Calculate the dollar amounts that DeZurik Corporation would report for each stockholders' equity caption on its June 30, 2023, balance sheet, after recording the effects of transactions 1 to 6. Also the treasury stock was purchased at $18.7 b. Indicate how the stockholders' equity caption details for DeZurik Corporation would change for the June 30, 2023, balance sheet, as compared to the disclosures for the 2022 balance sheet. c. What was the average issue price of common stock shown on the June 30, 2023, balance sheet? Complete this question by entering your answers in the tabs below. Required A1 Required Required B Required C Calculate the dollar amounts that DeZurik Corporation would report for each stockholders' equity caption on its June 30, 2023, balance sheet, after recording the effects of transactions 1 to 6. Also the treasury stock was purchased at $18.7. Note: Enter your answer in thousands of dollars. Amounts to be deducted should be indicated with a minus sign. Dollar amounts reported on the June 30, 2023 Preferred stock Common stock Balance sheet Additional paid-in capital on common stock Retained earnings Treasury stock Total stockholders' equity $ 5.920 S 5.920 Required At Beauired B Dros 4 of 8 Neyt >
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