Shoes Clot... ASOS Shop wome... H&M offers fashion... Macy's - Shop Fashi... JJ Mens Footwear Sne... Home Cotton On... - Hollister Co. So Ca... JCPenney: Window... Kam ACC3021 summer 2020 Soved Help Save & Ch. The statement of retained earnings of Gary Larson Publishers is presented below. GARY LARSON PUBLISHERS Statement of Retained Earnings For the Year Ended December 31, 2021 ($ in millions Retained earnings, January 1 Add: Net income Deduct: Cash dividend Stock dividend (1 million shares of $1 par common stock) Property dividend (Garfield Company preferred stock held as a short-term investment) Sale of treasury stock (cost $45 million) Retained earnings, December 31 $230 90 (16) (17) OK t (13) (14) $260 aces Required: For the transactions that affected Larson's retained earnings, reconstruct the journal entries that can be used to determine cash flows to be reported in a statement of cash flows. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet Record the closing entry of net income to retained earnings. For the transactions that affected Larson's retained earnings, reconstruct the journal entries that to be reported in a statement of cash flows. (If no entry is required for a transaction/event, sele first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Book . Hint Journal entry worksheet ferences Record the payment of the cash dividend. Note: Enter debits before credits General Journal Event 2 Debit Credit Record entry Clear entry View general journal GT obe reported th a statement of cash flows. (If no entry is required for a transaction/event, select "No first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) 25 Doints View transaction list eBook Hint Journal entry worksheet References Record the issuance of the stock dividend. Note: Enter debits before credits. Event General Journal Debit Credit 3 Record entry Clear entry View general journal Mc Graw S For the transactions that affected Larson's retained earnings, reconstruct the journal entries that can to be reported in a statement of cash flows. (If no entry is required for a transaction/event, select " first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) 75 points View transaction list eBook Hint Journal entry worksheet References 1 2 3 5 > Record the issuance of the property dividend. Note: Enter debits before credits Event General Journal Debit Credit 4 Record entry Clear entry View general journal Me GE 7 Required: For the transactions that affected Larson's retained earnings, reconstruct the journal entries that can be used to be reported in a statement of cash flows. (If no entry is required for a transaction/event, select "No journe first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) 75 points View transaction list eBook Hint Journal entry worksheet References Record the sale of treasury shares. Note: Enter debits before credits Event General Journal Debit Credit 5 Record entry Clear entry View general Journal ME Graw Hill