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Problem 3 Marble Corporation had the following balances in its stockholders' equity accounts at December 31, 2015: $300,000 250,000 500,000 (25,000) $1,025,000 Retained Earnings Treasury
Problem 3 Marble Corporation had the following balances in its stockholders' equity accounts at December 31, 2015: $300,000 250,000 500,000 (25,000) $1,025,000 Retained Earnings Treasury Stock 1,000 shares Total stockholders' equity e following transactions occurred during 2015: February 3 May 10 Sold and issued 3,000 shares of common stock for $28 per share. Declared a 50.30 per share aividend on common stock. Please prepare joumal entries to record the two transactions that occurred in 2015
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