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Thank youuuuu :) Torino Jewelry Company reported the following summarized balance sheet at December 31, 2018: E (Click the icon to view the statement.) During
Thank youuuuu :) Torino Jewelry Company reported the following summarized balance sheet at December 31, 2018: E (Click the icon to view the statement.) During 2019, Torino Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Torino Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 5,700 shares of common stock for $13 per share. Journal Entry Accounts Date Debit Credit Feb 13 Choose from any list or enter any number in the input fields and then click Check Answer. 7 parts remaining Clear All Check Answer Torino Jewelry Company reported the following summarized balance sheet at December 31, 2018: (Click the icon to view the statement.) During 2019, Torino Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Torino Jewelry's transactions. Explanations are not required. (Record debits first, then cre X Requirements Feb 13: D Feb 13 1. Journalize Torino Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $27,000. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 7 parts remaining Clear All Check Answer Torino Jewelry Company reported the following summarized balance sheet at December 31, 2018: (Click the icon to view the statement.) More Info X - Feb 13 A Jun 7 Issued 5,700 shares of common stock for $13 per share. Declared the regular cash dividend on the preferred stock. Paid the cash dividend. 24 Aug 9 Declared and distributed a 10% stock dividend on the common stock. Oct 26 Nov 20 Market price of the common stock was $16 per share. Reacquired 900 shares of common stock as treasury stock, paying $18 per share. Sold 800 shares of the treasury stock for $23 per share. Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. Dec 31 Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 7 parts remaining Clear All Check Answer X Data Table A Assets Amount A Current assets $ 33,700 97,600 t Property and equipment, net A $ 131,300 Total assets Liabilities and Equity Liabilities $ 37,900 Stockholders' equity: 6,000 $0.90 cumulative preferred stock, $15 par, 400 shares issued Common stock, $7 par, 6,000 shares issued 42,000 Paid-in capital in excess of par-common 17,400 28,000 Retained earnings $ 131,300 Total liabilities and equity Print Done 7 parts remaining Clear All Check
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