Q1:

Q2:

Current Attempt in Progress Concord SA has issued 104,000 shares of 65 par value ordinary shares. It authorized 520,000 shares. The share premium on the ordinary shares is 234,000. The corporation has reacquired 5,400 shares at a cost of 50,000 and is currently holding those shares. Treasury shares were reissued in prior years for /47.000 more than their cost: The corporation also has 1.900 shares issued and outstanding of 7%,100 par value preference shares. It authorized 11.000 shares. The share premium on the preferenceshares is 25,500. Retained earnings is 378,000. Prepare the equity section of the statement of financial position. (Enter the account name only and do not provide the descriptive information provided in the question.) CONCORD SA Statement of Financial Position (partial) During the year, the following transactions occurred. Feb.1 Declared a E1 cash dividend pershare to shareholders of record on February 15, payable March 1. Mar, 1 Paid the dividend declared in February. Apr. 1 Announced a 5 -for-1 share split. Priorto the split, the market price per share was e37. July1 Declareda 106 share dividend to shareholders of record on luly 15 , distribufable july 31. On futy 1 the market orice was 8 per share. 31. Issued the shares for the share dividend. Dec 1 Declared a 0.40 per share dividend to shareholders of record on December 15. payable January 5,2021. 31 Determined that net income for the year was 360,000. Journalize the transactions and the closing entries for net income and dividends. (Credit occount 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 0 for the amounts. (To close net income) (To dose share dividends) (To close cash dividends)