Southerrs 2022 amounts). (Click the is Requirements 1. Jouma ize Southern's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the owerall effect of these transactions (parts a.e) on Southerr's stockholdors' oquity? eplanations are not required. (Enter amounts in millions as provided to you in the problem any journal entries.) Data table At December 31, 2021, Southern Corporation reported the stockholders' equity Southem's 2022 transactions included accounts shown here (with dollar amounts in millions, except per-share amounts). (Click the icon to view the transactions.) Requirements More info 1. Journalize Southem's transactions in parts b, c, d, and 0 . Explanations are not required. 2. What was the overall efect of these transactions (parts a-e) on Southern's stockholders' equity? a. Net income, $443 million b. Issuance of 10 million shares of common stock for $12.00 per share c. Purchase of 9 million shares of treasury stock for $99 milion d. Sold 2 million of the treasury shares purchased in part of for $28 milson. equired. (Enter ambunts in milions as provided to you in the problem e. Declaration and payment of cash dividends of $34 milion At December 31; 2021, Scuithern Corporation reported the stockholders' oquaty accounss shown here Southeri's 2002 transactons included (with doilar amounts in milions, except per-share amsounts) (Click the icon to vew the data) Requirements 1. Journeve Southein's yarsactions in paits b. cd, and e Explanations are not iequie. equity? Requirement 1. Journalize Southern's transadions in b, c. d, and e. Explanstions are not fequeed (Ehter amounts in mitions as provided to you in the problim slatoment Record debts first, then credits, Exclude explanabons from any youmal entries.) b. Issuance of 10 metich shates of common stock for 51200 por share c. Purchase of 9 milioc shares of treasiry sfock foc $99 milion At December 31, 2021. Southern Corporation reported the stockholders' equaty accounts showa here (with dollar amounts in millons, excopt per. share amounts) Southern's 2022 transactions included (Click the icon to verw the data) (Click the icon to vaw the transactions.) Requirements 1. Journalze Southern's transactions in parts b, c,d, and e. Explanations 2. What was the overall effect of these transections (garts 8e) on Southel eqquily? d. Sold 2 mition of the treesury. shares.purchased in part o for $28 milion imarnal fintre e 1. Declaration and payment of cosh dividends of $34 million Joumatee the sectaration of the dividend only You will prepare the purnal entry for the payment of the dvidend next (with dollar amounts in milions, except per-share amounts) (Click the icon to view the data) Requirements 1. Journaize Southern's transactions in parts b, c di and Exp 2. What was the overal effect of these transactions (parts a e) quity? 2. Declaration and payment of cash dividends or $34 milion. Now journalize the payment of the cash dividends Requirement 2. What was the overall efect of these fransactions (parts a through of on Southern's slockholder' equity? (Ehter a not decrease with a minus sign or parentheses) The overall not increase (decrease) on stockhoiders equity, in mulions. is
