Ramaining Time: 1 hour, 51 minutes 02 seconds Question Completion Stati Moving to another quantion will save this response Question 1 (7.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec. 31, 2020 Common stock, $10 par, 50,000 shares authorized. 30.000 shares issued and outstanding 300,000 Pain Capital in Excess of Par Value Common Stock Retained Earings The following transactions occurred during 2021: 1.Esb. 22, Purchased 2.000 of its own enares for $ 15 per share 200.000 500,000 2.March 10, Dectares a $1 per share cash dividend on the outstanding common stock 3.Ap0% Paid me cash dividends declared early in March 10 1.May 20 Sold a teasury shares for $10 sach 5.Oct. 1. Deared 10% sock dividends the outstanding common stock for the recont o) 6.Dec. 10 Disted the shares which declared on Oct 1 7.Dec 25, Implemented 2-1 stack spit, when the market value of stock was $20 per share NOTE: If there is no entry. please write: "NO ENTRY Required: Prepare Joomes to cord transactions that occaeng 2001 to be asted on Dec 1 The market a on Oct 1 was $54 per sha CLEARLY INDICATE THE ORBITS & CREDITS 1000 Dr. Cate 1000 2 75 Que 115 21395134