The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: E (Click the icon to view the stockholders' equily section of the balance sheet.) During 2018, Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements, Statement of Retained Earnings Year Ended December 31, 2018 Requirement 3. Prepare the stockholders' equity section of the balance sheet December 31, 2018. (Use parentheses or a minus sign for amounts to be subtracted.) Goldstein Management Consulting, Inc. Balance Sheet (Partial) December 31, 2018 Stockholders' Equity Paid In Capital: Total Paid-In Capital Total Stockholders' Equity The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: B Click the icon to view the stockholders' equity section of the balance sheet.) During 2018, Goldstein 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 d Feb. 6: Declared a 15% stock dividend on the common stock. The market Data table Date Accounts and Explanation Feb. 6 Stockholders' Equity Pald-In Capital: Common Stock-$10 Par Value; 350,000 shares authorized, 32,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital $ 320,000 330.000 Feb. 15: Distributed the stock dividend. 650,000 180,000 Retained Earnings Date Accounts and Explanation 810,000 Total Stockholders' Equity Feb. 15 Print Done Jul. 29: Purchased 2,300 shares of treasury stock at $25 per share. Date Accounts and Explanation Debit Credit Jul. 29 The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: E (Click the icon to view the stockholders' equily section of the balance sheet.) During 2018, Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. ES Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Feb. 6: Declared a 15% stock dividend on the common stock. The mackatlu ol. Goldeknine wlock 95.maeber Date Accounts and Explanation - X More info Feb. 6 Feb. 6 Feb. 15 Declared a 15% stock dividend on common stock. The market value of Goldstein's stock was $25 per share. Distributed the stock dividend. Purchased 2,300 shares of treasury stock at $25 per share. Declared a So. 10 per share cash dividend on the common stock outstanding. Jul. 29 Feb. 15: Distributed the stock dividend. Nov. 27 Date Accounts and Explanation Feb. 15 Print Done Jul. 29: Purchased 2,300 shares of treasury stock at $25 per share. Date Accounts and Explanation Debit Credit Jul. 29 The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: E (Click the icon to view the stockholders' equily section of the balance sheet.) During 2018, Goldstein completed the following selected transactions: (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 15% stock dividend on the common stock. The market value of Goldstein's stock was 525 per share. Date Accounts and Explanation Feb. 6 Requirements - X 1 Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2018. Assume Goldstein's net income for the year was $90,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2018 Feb. 15: Distributed the stock dividend. Date Accounts and Explanation Feb. 15 Print Done Jul. 29: Purchased 2.300 shares of treasury stock at $25 per share. Date Accounts and Explanation Debit Credit Jul. 29 The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: (Click the Icon to view the stockholders' equity section of the balance sheet.) During 2018, Goldstein completed the following selected transactions: (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 joumal entry table.) Feb. 6: Declared a 15% stock dividend on the common stock. The market value of Goldstein's stock was $25 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 2.300 shares of treasury stock at $25 per share. Date Accounts and Explanation Jul. 29 Debit Credit The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2018. Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements Jul. 29: Purchased 2,300 shares of treasury stock at $25 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, 2018. Assume Goldstein's net income for the year was $90,000. Enter any increases in retained eamings prior to the sublotal and any decreases retained earnings below the sublotal. (Check your spelling carefully and do not abbreviate.) Goldstein Management Consulting, Inc. Statement of Retained Earnings Year Ended December 31, 2018 The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2018. Goldstein 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, 2018. Assume Goldstein's net income for the year was $90,000. Enter any increases in retained earings prior to the subtotal and any decreases to retained earnings below the subtotal. (Check your spelling carefully and do not abbreviate.) Goldstein Management Consulting, Inc. Statement of Retained Earnings Year Ended December 31, 2018 Requirement 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. (Use parentheses or a minus sign for amounts to be subtracted.) Goldstein Management Consulting, Inc. Balance Sheet (Partial) December 31, 2018 Stockholders' Equity Paid-In Capital: Total Paid-In Capital
