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t 1. Record the transactions in the general journal. (Record debits first, then credits. Sele More Info ared a 5% stock dividend on the common
t 1. Record the transactions in the general journal. (Record debits first, then credits. Sele More Info ared a 5% stock dividend on the common stock. The market value of Collin's stock was $2 | . Data Table Feb. 6 Declared a 5% stock dividend on common stock. The market value of Collin's stock was $27 per share. Distributed the stock dividend. Feb. 15 Jul. 29 Purchased 1,800 shares of treasury stock at $27 per share. Declared a $0.10 per share cash dividend on the common stock outstanding. Nov. 27 Stockholders' Equity Paid-In Capital: Common Stock-$12 Par Value; 250,000 shares authorized, 15,000 shares issued and outstanding tri $ 180,000 Print Done 350,000 Paid-In Capital in Excess of Par-Common Total Paid-In Capital 530,000 159,000 Requirements Retained Earnings $ 689,000 Total Stockholders' Equity Print Done 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Collin's net income for the year was $87,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Accounts and Explanation Debit Credit any list or enter any number in the input fields and then continue to the next question. Print Done The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: i (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 6: Declared a 5% stock dividend on the common stock. The market value of Collin's stock was $27 per share. Date Accounts and Explanation Debit Credit Feb. 6 Feb. 15: Distributed the stock dividend. Date Accounts and Explanation Debit Credit Feb. 15 Jul. 29: Purchased 1,800 shares of treasury stock at $27 per share. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. ? The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Jul. 29: Purchased 1,800 shares of treasury stock at $27 per share. Date Accounts and Explanation Debit Credit Jul. 29 Nov. 27: Declared a $0.10 per share cash dividend on the common stock outstanding. (Round your answers to the nearest whole dollar.) Date Accounts and Explanation Debit Credit Nov. 27 Requirement 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Collin's net income for the year was $87,000. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Check your spelling carefully and do not abbreviate.) Collin Management Consulting, Inc. Choose from any list or enter any number in the input fields and then continue to the next question. ? . The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Collin's net income for the year was $87,000. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Check your spelling carefully and do not abbreviate.) Collin Management Consulting, Inc. Statement of Retained Earnings Year Ended December 31, 2024 Requirement 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. (Use parentheses or a minus sign for amounts to be subtracted.) Collin Management Consulting, Inc. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paid-In Capital: Choose from any list or enter any number in the input fields and then continue to the next question. ? The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. (Use parentheses or a minus sign for amounts to be subtracted.) Collin Management Consulting, Inc. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. ? t 1. Record the transactions in the general journal. (Record debits first, then credits. Sele More Info ared a 5% stock dividend on the common stock. The market value of Collin's stock was $2 | . Data Table Feb. 6 Declared a 5% stock dividend on common stock. The market value of Collin's stock was $27 per share. Distributed the stock dividend. Feb. 15 Jul. 29 Purchased 1,800 shares of treasury stock at $27 per share. Declared a $0.10 per share cash dividend on the common stock outstanding. Nov. 27 Stockholders' Equity Paid-In Capital: Common Stock-$12 Par Value; 250,000 shares authorized, 15,000 shares issued and outstanding tri $ 180,000 Print Done 350,000 Paid-In Capital in Excess of Par-Common Total Paid-In Capital 530,000 159,000 Requirements Retained Earnings $ 689,000 Total Stockholders' Equity Print Done 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Collin's net income for the year was $87,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Accounts and Explanation Debit Credit any list or enter any number in the input fields and then continue to the next question. Print Done The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: i (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 6: Declared a 5% stock dividend on the common stock. The market value of Collin's stock was $27 per share. Date Accounts and Explanation Debit Credit Feb. 6 Feb. 15: Distributed the stock dividend. Date Accounts and Explanation Debit Credit Feb. 15 Jul. 29: Purchased 1,800 shares of treasury stock at $27 per share. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. ? The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Jul. 29: Purchased 1,800 shares of treasury stock at $27 per share. Date Accounts and Explanation Debit Credit Jul. 29 Nov. 27: Declared a $0.10 per share cash dividend on the common stock outstanding. (Round your answers to the nearest whole dollar.) Date Accounts and Explanation Debit Credit Nov. 27 Requirement 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Collin's net income for the year was $87,000. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Check your spelling carefully and do not abbreviate.) Collin Management Consulting, Inc. Choose from any list or enter any number in the input fields and then continue to the next question. ? . The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Collin's net income for the year was $87,000. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Check your spelling carefully and do not abbreviate.) Collin Management Consulting, Inc. Statement of Retained Earnings Year Ended December 31, 2024 Requirement 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. (Use parentheses or a minus sign for amounts to be subtracted.) Collin Management Consulting, Inc. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paid-In Capital: Choose from any list or enter any number in the input fields and then continue to the next question. ? The balance sheet of Collin Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Collin completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. (Use parentheses or a minus sign for amounts to be subtracted.) Collin Management Consulting, Inc. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next
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