Requirement 1. Journalize Moscow Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 5,500 shares of common stock for $8 per share. Journal Entry Accounts Date Debit Credit Feb 13 (1) (3) (4) Jun 7: Declared the regular cash dividend on the preferred stock. Journal Entry Accounts Date Debit Credit Jun 7 (5) Jun 24: Paid the cash dividend. Journal Entry Accounts Debit Credit Date Jun 24 (12) Aug 9: Declared and distributed a 10% stock dividend on the common stock. Market price of the common stock was $13 per share. Journal Entry Accounts Debit Credit Date Aug 9 (13) (14) Oct 26: Reacquired 500 shares of common stock as treasury stock, paying $15 per share. Journal Entry Date Accounts Debit Credit Oct 26 (17) (18) (19) (20) Nov 20: Sold 100 shares of the treasury stock for $19 per share. Journal Entry Accounts Date Debit Credit Nov 20 (21) (22) (23) (24) Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. (Round your answer Journal Entry Accounts Date Debit Credit Dec 31 (26) Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $26,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Moscow Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity: $ ||(29) (31) shares (33) (34) $ $ par par shares shares (30) (32) (35) Total paid-in capital (36) (37) shares (38) Total stockholders' equity Data Table Amount Assets Current assets Property and equipment, net .....$ 33,400 77,800 Total assets $ 111,200 38,000 Liabilities and Equity Liabilities Stockholders' equity: $0.50 cumulative preferred stock, $10 par, 200 shares issued Common stock, $5 par, 6,200 shares issued Paid-in capital in excess of par-common Retained earnings Total liabilities and equity 2,000 31,000 18,200 22,000 $ 111,200 i More Info Feb Jun Aug 13 Issued 5,500 shares of common stock for $8 per share. 7 Declared the regular cash dividend on the preferred stock. 24 Paid the cash dividend. 9 Declared and distributed a 10% stock dividend on the common stock. Market price of the common stock was $13 per share. 26 Reacquired 500 shares of common stock as treasury stock, paying $15 per share. 20 Sold 100 shares of the treasury stock for $19 per share. 31 Declared a cash dividend of $0.30 per share on the outstanding ommon stock; dividends will be paid in January, 2020. Oct Nov Dec Print Print | Done A Requirements 1. Journalize Moscow Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $26,000. Print Print Done Done