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please include Open T accounts too please Current Attempt in Progress Ridgewood Corporation, a publicly traded company, is authorized to issue 185,000 $4 noncumulative preferred
please include Open T accounts too please Current Attempt in Progress Ridgewood Corporation, a publicly traded company, is authorized to issue 185,000 $4 noncumulative preferred shares and an unlimited number of common shares. On January 1, 2021, the general ledger contained the following shareholders' equity accounts: Preferred shares (8.200 shares issued) $459.200 Common shares (75,600 shares issued) 1,058.400 Contributed surplus 24,200 Retained earnings 871,000 Accumulated other comprehensive income 11.000 The following equity transactions occurred in 2021 Feb. 6 Issued 9.700 preferred shares for $582.000 Apr 6 Issued 21,600 common shares for $594.000, The following equity transactions occurred in 2021: Feb. 6 Apr. 6 27 May 29 Issued 9.700 preferred shares for $582,000. Issued 21,600 common shares for $594,000. Repurchased and retired 3,300 common shares at $16 per share. The balance in the Contributed Surplus account arose from the repurchase of common shares in prior years. Declared a semi-annual cash dividend to the preferred shareholders of record at June 12, payable July 1. Issued 9.900 common shares in exchange for a building. At the time of the exchange the building was valued at $166,900 and the common shares at $153,000. The board of directors decided there were insufficient funds to declare the semi-annual dividend to the preferred shareholders. Net income for the year was $586,000 Aug 22 Dec. 14 31 not provide descriptive information.) RIDGEWOODCORPORATION Statement of Financial Position (Partial) > $ - / 40 HII Share Capital Preferred Shares Contributed Surplus Common Shares Balance, Jan. 1 $ 5 Issued preferred shares Issued common shares Repurchased common shares . Dividends declared Net income $ $ Balance, Dec. 31 !!! RIDGEWOOD CORPORATION Statement of Changes in Equity Contributed Surplus Retained Earnings Accumulated Other Comprehensive Income Total $ $ $
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