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please show the working side thanks MENT RESOURCES Exercise 15-18 (Part Level Submission) Windsor Company reported the following amounts in the stockholders' equity section of
please show the working side thanks
MENT RESOURCES Exercise 15-18 (Part Level Submission) Windsor Company reported the following amounts in the stockholders' equity section of its December 31, 2019, balance sheet. ise 15-02 ise 15-14 rose 15-18 (Part el Submission Preferred stock, 11%, $100 par (10,000 shares authorized, 2,100 shares issued) $210,000 Common stock, $5 par (104,500 shares authonzed, 20,900 shares issued) ) 104,500 Additional paid-in capital 135,000 Retained earnings 492,000 Total $941,500 w Score Results by Objective During 2020, Windsor took part in the following transactions concerning stockholders equity 1. Paid the annual 2019 $11 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019 2. Purchased 1,600 shares of its own outstanding common stock for $39 per share. Windsor uses the cost method. 3. Reissued 700 treasury shares for land valued at $28,700. 4. Issued 530 shares of preferred stock at $107 per share. 5. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $41 per share. 6. Issued the stock dividend. 7. Declared the annual 2020 $11 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2021. O (a) Your answer is partially correct. Try again. Prepare journal entries to record the transactions described above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) 154 AM Sunda Debit Credit No. Account Titles and ExplanationStep by Step Solution
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