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Required information The following information applies to the questicins displayed below/ Nautical has two classes of stock authorized: $10 pak preferred, and $1 par value
Required information The following information applies to the questicins displayed below/ Nautical has two classes of stock authorized: $10 pak preferred, and $1 par value comio 2021, 100 shares of preferred stock and 2,300 shares of common stock have been iss transactions affect stockhoiders' equity during 2021 : Nautical has the following beginning balances in its stockholders' equity accounts on de Stock, 51,000; Common Stock, \$2.300; Additional Paid-in Capital, 518.800; and Retaine0 income for the year ended December 31, 2021, is 57,300 Required: 1. Record each of these transactions. of no entry is required for a particular transaction/event. the first account field.) Journal entry worksheet 1 56 Record the deciaration of cash dividend on both common and preferred stock of $0.65 per share to all stockhoiders of record on lune 15 . Note: Enter debits before credits. Required information The following information applies to the questicins displayed below/ Nautical has two classes of stock authorized: $10 pak preferred, and $1 par value comio 2021, 100 shares of preferred stock and 2,300 shares of common stock have been iss transactions affect stockhoiders' equity during 2021 : Nautical has the following beginning balances in its stockholders' equity accounts on de Stock, 51,000; Common Stock, \$2.300; Additional Paid-in Capital, 518.800; and Retaine0 income for the year ended December 31, 2021, is 57,300 Required: 1. Record each of these transactions. of no entry is required for a particular transaction/event. the first account field.) Journal entry worksheet 1 56 Record the deciaration of cash dividend on both common and preferred stock of $0.65 per share to all stockhoiders of record on lune 15 . Note: Enter debits before credits
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