Requirement 1. Record the transactions in the general joumal Explanations are not required January 28. Declared a 528,000 cash dividend, payable on March 1 to the shareholders of record on February 15 Indicate the amount payable to each class of shareholder (Record debits first, then credits Journal Entry Date Accounts Debut Credit More Info dan 20 $ 324 000 February 25 ssued 10,000 common shares for $11.00 per share Journal Ewy Dale Accounts Fah Pole shares, 30.75 cumulat year in mars quidation price of $6,00 50,000 shore authorized 16,000 shares sued and outstanding Common sharested number of shares wuthored 75.000 shares and outling Total bed capital Hained Total shahril Delt Credi 125.000 349.000 225 000 $ 574000 March 1. Paid the cash dividend declared on January 28. Journal Entry Date Accounts Debit Credit Mar April 4. Declared a 20-percent stock dividend on the common shares, distributable on May 15 to the shareho Journal Entry Date Accounts Debit Credit Apr. May 15. Distributed the stock dividend declared on April 4 Journal Entry Date Accounts Debit Credit May 15 July 6. Repurchased 17,000 of the company's own common shares at $12.50 per share. (Round interim calculations to Journal Entry Date Accounts Debit Credit Jul 6 Sentomhar lend EnAn. Eman September 3. Issued 5,000 common shares for $12.50 per share. Journal Entry Date Accounts Debit Credit Sep. November 2. Split the common shares 2 for 1. Issued one new common share for each old share previously issued: shares outstanding. December 31. Reported net income of $160,000. Closed the Income Summary account. Journal Entry Date Accounts Debit Credit Dec 31 Chonse from an litar enter anschmhor in the innut field and then antinue to the noveloctin More Info Requirement 2. Prepare the statement of shareholders equity for the year ended December 31, 2020 (Use pa Adventure Outfitters lid Statement of Shareholders Equity For the Ended December 31, 2020 Preferred Common Retained Total Shareholder Shares Shares Earnings Dec 31, 2015 Stick dond-20% Reputhsh Sale of Custode 1 234.000 ution price of $5.00. 50,000 16.00 hod handing Comentario of 25.0 shares omstanding Tural con capital Ring Total harhaldes y 125.000 349.000 225.000 ST8000 Balance 2020 Choose from any store any number in the input in the come to be question Done Requirement 1. Record the ansactions in the general joumal Explanations are not required January 28. Declared a $20,000 cash dividend payable on March 1 to the shareholders of record on February 15 Indicate the amount payable to each class of shareholder (Record debits first, then credits Journal Entry Accounts Debit Credit More Info - X an 20 Da 5 224,000 February 25 Inoued 10,000 common shares for 511.00 per share Journal Entry Accounts Preferred shares, 5075. cumulative (1 year in areas Wouldation price of 55 00, 50.000 shares authorized 16,000 shares issued and outstanding Common share limited number of shares authorized. 25.000 shares sued and outstanding Total contributed capital Retained ning Total shareholders equity 125.000 Debit Credit Fub 25 349.000 225 000 $ 574 000 Requirement 1. Record the transactions in the general joumal Explanations are not required January 28. Declared a 528,000 cash dividend, payable on March 1 to the shareholders of record on February 15 Indicate the amount payable to each class of shareholder (Record debits first, then credits Journal Entry Date Accounts Debut Credit More Info dan 20 $ 324 000 February 25 ssued 10,000 common shares for $11.00 per share Journal Ewy Dale Accounts Fah Pole shares, 30.75 cumulat year in mars quidation price of $6,00 50,000 shore authorized 16,000 shares sued and outstanding Common sharested number of shares wuthored 75.000 shares and outling Total bed capital Hained Total shahril Delt Credi 125.000 349.000 225 000 $ 574000 March 1. Paid the cash dividend declared on January 28. Journal Entry Date Accounts Debit Credit Mar April 4. Declared a 20-percent stock dividend on the common shares, distributable on May 15 to the shareho Journal Entry Date Accounts Debit Credit Apr. May 15. Distributed the stock dividend declared on April 4 Journal Entry Date Accounts Debit Credit May 15 July 6. Repurchased 17,000 of the company's own common shares at $12.50 per share. (Round interim calculations to Journal Entry Date Accounts Debit Credit Jul 6 Sentomhar lend EnAn. Eman September 3. Issued 5,000 common shares for $12.50 per share. Journal Entry Date Accounts Debit Credit Sep. November 2. Split the common shares 2 for 1. Issued one new common share for each old share previously issued: shares outstanding. December 31. Reported net income of $160,000. Closed the Income Summary account. Journal Entry Date Accounts Debit Credit Dec 31 Chonse from an litar enter anschmhor in the innut field and then antinue to the noveloctin More Info Requirement 2. Prepare the statement of shareholders equity for the year ended December 31, 2020 (Use pa Adventure Outfitters lid Statement of Shareholders Equity For the Ended December 31, 2020 Preferred Common Retained Total Shareholder Shares Shares Earnings Dec 31, 2015 Stick dond-20% Reputhsh Sale of Custode 1 234.000 ution price of $5.00. 50,000 16.00 hod handing Comentario of 25.0 shares omstanding Tural con capital Ring Total harhaldes y 125.000 349.000 225.000 ST8000 Balance 2020 Choose from any store any number in the input in the come to be question Done Requirement 1. Record the ansactions in the general joumal Explanations are not required January 28. Declared a $20,000 cash dividend payable on March 1 to the shareholders of record on February 15 Indicate the amount payable to each class of shareholder (Record debits first, then credits Journal Entry Accounts Debit Credit More Info - X an 20 Da 5 224,000 February 25 Inoued 10,000 common shares for 511.00 per share Journal Entry Accounts Preferred shares, 5075. cumulative (1 year in areas Wouldation price of 55 00, 50.000 shares authorized 16,000 shares issued and outstanding Common share limited number of shares authorized. 25.000 shares sued and outstanding Total contributed capital Retained ning Total shareholders equity 125.000 Debit Credit Fub 25 349.000 225 000 $ 574 000