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t Test Chapters 9, 10, and 12 uestion: 33 pts 2 of 3 Valencia Jewelry Company reported the following summarized balance sheet at December 31,

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t Test Chapters 9, 10, and 12 uestion: 33 pts 2 of 3 Valencia Jewelry Company reported the following summarized balance sheet at December 31, 2016 ICRck the icon to view the statement. During 2017, Valencia Jewelry completed these transactions that affected stockholders equity O Click the icon to view the transactions Requirements 1. Joumalize Valencia JewelryO's transactions. Explanations are not required 2. Reports Valencia Jewelry 's stockholders' equity at December 31, 2017. Net income for 2017 was 24000 Requirement 1. Joumalze Valencia Jewelry 's transactions Explanations are not required (Record debils t, then credits Exck'de e Feb 13 issued 5,400 shares of common stock for $7 per share Journal Entry Feb 13 Jun 7 Declared the regular cash dividend on the prefemed stock Journal Entry Choose from any list or enter any number in the input nelds and then continue to the next queshon

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