requirement 1 journal only for Dec 31st and all of requirement 2

Requirements X 1. Journalize Jubliee Jewelry's transactions Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019 Net income for 2019 was $23,000. Print Done Poin Jubilee Jewelry Company reported the following summarized balance sheet at December 31, 2018 Click the icon to view the statement) During 2019. Jublice Jewelry completed these transactions that affected stockholders equity Click the icon to view the transactions) Read the requirements Cash 8.400 Requirements Nov 20 Sold 300 shares of the treasury stock for $18 per share Journal Entry Date Accounts Now 20 Cash Treasury Stock Common Paid in Capital from Treasury Stock Transactions 1. Journal Jubliee Je 2. Report the company for 2010 was $23.000 Debit Credit 5,400 4200 1 200 Dec 31 Declared a cash dividend of 50 25 por share on the outstanding common stock, dividends will be paid in January, 2020 (Round your answer to the nearest whole dollar Journal Entry Date Accounts Debit Credit Dec 31 Red Eags 2950 Dividends Payable 2950 Heinman Feb Jun Aug 13 Issued 5,400 shares of common stock for $9 per share 7 Declared the regular cash dividend on the preferred stock. 24 Paid the cash dividend. 9 Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $12 per share 26 Reacquired 600 shares of common stock as treasury stock, paying $14 per share, 20 Sold 300 shares of the treasury stock for $18 per share 31 Declared a cash dividend of SO 25 per share on the outstanding common stock dividends will he natin lana on Oct Nov Dec Data table Assets Current assets Property and equipment, net Amount $ 32,200 89,000 $ 121,200 ...... ... $ 36 500 Total assets Liabilities and Equity Liabilities... Stockholders' equity: $0.70 cumulative preferred stock, $5 par, 800 shares issued Common stock, S6 par, 6,700 shares issued Paid-in capital in excess of par-common Retained earnings 4,000 40,200 18,500 22,000 Jan Total liabilities and equity 121,200