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pllllzzz give me right answer On January 1, 2022. Pharoah Company had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb.
pllllzzz give me right answer
On January 1, 2022. Pharoah Company had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15 , payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-tor-1 stock split. Prior to the split, the market price per share was $37. July 1 Declared a 10% stock dividend to stockholders of record on July 15 , distributable July 31 . On July 1, the market price of the stock was $14 per share. 31 Issued the shares for the stock dividend Dee 1. Declared a S0,30 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $375,000. Retained Earnings Feb.1 Dec31 Dec.31 Paid-in Capital in Excess of Par-Common Stock Dec.31 ga : 3412760 July 1 3169800 Common Stock Dividends Distributable Cash Dividends Feb. 1 53700 97442 Stock Dividends On January 1, 2022. Pharoah Company had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15 , payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-tor-1 stock split. Prior to the split, the market price per share was $37. July 1 Declared a 10% stock dividend to stockholders of record on July 15 , distributable July 31 . On July 1, the market price of the stock was $14 per share. 31 Issued the shares for the stock dividend Dee 1. Declared a S0,30 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $375,000. Retained Earnings Feb.1 Dec31 Dec.31 Paid-in Capital in Excess of Par-Common Stock Dec.31 ga : 3412760 July 1 3169800 Common Stock Dividends Distributable Cash Dividends Feb. 1 53700 97442 Stock Dividends Step by Step Solution
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