pleaze answer all there one question one case study thanks

The Dance sheet for Tacte Control Inc. ovincial incorporated in 2008, reported the following components of equity on December 2010 y tent to w Convert referreres, 54 te what to 13.00 h Ce shared wine shares within 3.0 ting Top ata Totalt 78,000 113, 22,00 1.34, In 2020 and 2021, company had the floweg vansactions affecting stations and the outy accoun 300 Tant So 21.00 hores The director clared totaltuh di 1734,00 Foto the there econd Dividendo a declared for the years. All of the preferred shares herine Fab 21 Pithe declared on January July 15 pred shares of 1,100. There are Det Cene vs wout along with the 3.100 radit balance in the Sumary ons The directors with red child the preferred here and 54,7 that the the Otter Shades of le the decades ned the Divine with the credit to the com y co Reque 1. Prepare alates to record the transaction and closings for 2020 and 2021 The company uses a cash vindeccount to record declare dividende Journal entry worksheet Required: 1. Prepare jumal entries to record the transactions and closings for 2020 and 2021 The company uses a cash dividends account to record declared dividends View transaction lit X Record the issuance of preferred shares 10 > 2 5 Record to close the dividend account 5 Record to close the profit to retained camnings Record the dividend declared on preferred shares and common shares . Record cash dividend paid Record to close the cash dividends account 10 Record to close the income summary account Note - Journal entry has been entered Record entry Clear entry View general Journal 3. Prepare the equity section of the company's balance sheet as of December 31, 2021 TACTE CONTROLLING Luty Dection of the Dance Sheet December 2021 Contributed Capital Total contributed The balance sheet for Tactex Controls Inc., provincially incorporated in 2018, reported the following components of equity on December 31, 2019 Tacta Controls The Equity Section of the balance sheet December 31, 2010 Contributed capital Preferred shores, 11.4 cm lative, unlimited shares authorized 13,000 shares issued and outstanding 3385,600 Common shares, unlimited shares authorired; 68,000 shares insured and outstanding 720,000 Total contributed capital $1,115,000 Retained earnings 371,000 Total equity $1,454,000 01010 In 2020 and 2021, the company had the following transactions affecting shareholders and the equity accounts: 2020 Jan Feb July Dec 1 Sold 23,8 common shares at $9.54 per share. 5 The directors declared a total cash dividend of $224,000 payable on Feb. 28 to the Feb. 5 Shareholders of record. Dividends had not been declared for the years 2018 and 2019. All of the preferred shares had been issued during 2018. 28 Paid the dividends declared on January 5. 1 Sold preferred shares for a total of $156, 169. The average issue price was $20 per share. 31 Closed the dividend accounts along with the 5576,100 credit balance in the Income Summary account. 103 Total contributed capital Retained earnings Total equity $1,113,000 371,080 $1,484,800 In 2020 and 2021, the company had the following transactions affecting shareholders and the equity accounts 2020 Jan. 1 Sold 23,000 common shares at $9.94 per share. 5 The directors declared a total cash dividend of $224,000 payable on Feb. 28 to the Feb. 5 shareholders of record. Dividends had not been declared for the years 2018 and 2019. All of the preferred shares had been issued during 2018. Feb. 28 Paid the dividends declared on January 5. July 1 sold preferred shares for a total of $156,100. The average issue price was $20 per share. Dec. 31 Closed the dividend accounts along with the $576,1ee credit balance in the Income Summary account. 2021 Sept. 5 The directors declared the required cash dividend on the preferred shares and a $e.7 per common share cash dividend payable on October 28 to the October 5 shareholders of record. Oct. 28 Paid the dividends declared on September 5. Dec. 31 Closed the Cash Dividends account along with the $542, see credit balance in the Income Summary account. Required: 1. Prepare journal entries to record the transactions and closings for 2020 and 2021. The company uses a cash dividends account to record declared dividends TA Required: 1. Prepare journal entries to record the transactions and closings for 2020 and 2021. The company uses a cash dividends account to record declared dividends View transaction list 1 Record the issuance of 23,000 common shares 10 2 Record the dividend declared on preferred shares and common shares 3 Record cash dividend paid. 4 Record the issuance of preferred share Credit 5 Record to close the dividend account Record to close the profit to retained earnings Record the dividend declared on preferred shares and common shares Note: - Journal entry has been entered Record entry Clear entry View general journal 2. Prepare a statement of changes in equity for the year ended December 31, 2021 (Amounts to be deducted should be indicated by a minus sign.) TACTEX CONTROLS INO Statement of Changes in Equity For Year Ended December 31, 2021 Preferred Common Shares Shares Retained Enmings Total Equity Balance, January 1 Balance, December 31 $ 0 $ 0 $ OS 0 3. Prepare the equity section of the company's balance sheet as of December 31, 2021 TACTEX CONTROLS INC Equity Section of the Balance Sheet December 1, 2021 Contributed Capital Total contributed capital $ 0 Total equity $ 0