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Refer to the following transactions. a . Sold 4 , 1 0 0 shares of $ 5 0 par value preferred stock at $ 5
Refer to the following transactions.
a Sold shares of $ par value preferred stock at $ per share.
b Declared the annual cash dividend of $ per share on common stock. There were shares of $ par value common stock issued and outstanding throughout the year.
c Issued shares of $ par value preferred stock in exchange for a building when the market price of preferred stock was $ per share.
d Purchased shares of preferred stock for the treasury at a price of $ per share.
e Sold shares of the preferred stock held in treasury see d for $ per share.
f Declared and issued a stock dividend on the $ par value common stock see b when the market price per share was $
Required:
Show the effect if any of each of the above transactions on each financial statement category by selecting a plus or minus sig and the amount in the appropriate column. Do not show items that affect net income in the retained earnings column.
tableTransactionCash,Other Assets,Lilabilities,Paidin Capital,tableRetainedEarningsTreasury Stock,Net Incomeabcdef
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