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Questions 4-6 (of 9)> E11-9 Recording and Reporting Stockholders Equity Transactions, Including Closing Entry LO 11-2, LO 113 The following information applies to the questions

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Questions 4-6 (of 9)> E11-9 Recording and Reporting Stockholders Equity Transactions, Including Closing Entry LO 11-2, LO 113 The following information applies to the questions displayed below The annual report for Malilbu Beachwear reported the following transactions affecting stockholders affecting stockholders' equity a. Purchased $351,200 of common stock now held in treasury b. Declared cash dividends in the amount of $260600 c. Paid the dividends in (b) d. Issued 112,000 new shares of $010 par value common shares for $2 per share e. Closed the Dividends account References Section Break E11-9 Recording ang Stockholders Equity Transactions inclucing Closing Entry [Lo 1-2 LO 11-3)

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