Question 2 The stockholders equity accounts of NevertrokeAgain, Ino, Jawy 1, 2001, are as follows Preferred Stock $1007 500.000 Common Stock, Stopar 200.000 Pad-in Capital in toms of Par. Preferred Stock 100.000 Pad-in Capital in excess of Par - Common Stock 200.000 Retained wings 500.00 There were no dividends in arrears on preferred stock. During 2001, the company had the following transactions and events December 15 Declared a cash dividend on preferred stock payable dowwy 31, 2022. INSTRUCTIONS Journalize the December transactions. Follow the following instructions to receive credit. 1. Date should be spelled correctly and written as Month Day (ex. February 4). 2. Credit account tities are automatically indented when it is entered. Do not indent manusi 3. Account tits must be spelled correctly 4. Do not key S-signs within journal entries. Date Account Titles and Debit Explanation Credit The stockholders equity accounts of NeverBroke Again, Inc., at January 1, 2021, are as follows Preferred Stock $100 par 7% $500.000 Common Stock $10 per 300,000 Paid-in Capital in Excess of Par-Preferred Stock 100,000 200.000 Paid in Capital in Excess of Par Common Stock Retained Earnings There were no dividends in arrears on preferred stock. During 2021, the company had the following transactions and events December 15 Declared a 7% cash dividend on preferred stock payable January 31, 2022 500.000 INSTRUCTIONS Journalize the December transactions. Follow the following instructions to receive credit 1. Date should be spelled correctly and written as Month Day (ex. February 4). 2. Credit account titles are automatically indented when title is entered. Do not indent manually, 3. Account titles must be spelled correctly. 4. Do not key S-signs within journal entries. Date Account Titles and Debit Credit Explanation Question 2 The stockholders equity accounts of NevertrokeAgain, Ino, Jawy 1, 2001, are as follows Preferred Stock $1007 500.000 Common Stock, Stopar 200.000 Pad-in Capital in toms of Par. Preferred Stock 100.000 Pad-in Capital in excess of Par - Common Stock 200.000 Retained wings 500.00 There were no dividends in arrears on preferred stock. During 2001, the company had the following transactions and events December 15 Declared a cash dividend on preferred stock payable dowwy 31, 2022. INSTRUCTIONS Journalize the December transactions. Follow the following instructions to receive credit. 1. Date should be spelled correctly and written as Month Day (ex. February 4). 2. Credit account tities are automatically indented when it is entered. Do not indent manusi 3. Account tits must be spelled correctly 4. Do not key S-signs within journal entries. Date Account Titles and Debit Explanation Credit The stockholders equity accounts of NeverBroke Again, Inc., at January 1, 2021, are as follows Preferred Stock $100 par 7% $500.000 Common Stock $10 per 300,000 Paid-in Capital in Excess of Par-Preferred Stock 100,000 200.000 Paid in Capital in Excess of Par Common Stock Retained Earnings There were no dividends in arrears on preferred stock. During 2021, the company had the following transactions and events December 15 Declared a 7% cash dividend on preferred stock payable January 31, 2022 500.000 INSTRUCTIONS Journalize the December transactions. Follow the following instructions to receive credit 1. Date should be spelled correctly and written as Month Day (ex. February 4). 2. Credit account titles are automatically indented when title is entered. Do not indent manually, 3. Account titles must be spelled correctly. 4. Do not key S-signs within journal entries. Date Account Titles and Debit Credit Explanation
