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The equity sections for Kendall Group at the beginning of the year (January i) and end of the year (December 31) follow. The following transactions

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The equity sections for Kendall Group at the beginning of the year (January i) and end of the year (December 31) follow. The following transactions and events affected its equity during the yeat January 5 beclared a 52.20 pee share cash dividend, payable on 3entacy 10. March 20 purchased treasury stock for cakh. Apri1 5 Declared a 32.20 per share cash dividenc, paycble on April 10. July 5 Declared a 52.20 per thare cash dividend, paychle on July 10 . July 31 beclared a 16 stoce divldend when the stokk'A murkes valwe was s22 per bure. August 14 Issued the stock dividend that was declared on 201y y 31 octoben's Dectared a 52.20 per share cesh dividetad, date of fecore october 10 . The following tranxactions and events affected its equity during the year. Prepare the fournal entry necessary to rocord each event, and then agree the yearend balances with the December 31 Stockholders' Equify rtatement gyen above. The following transactions and events affected its equity during the year. January 5 Deciared a $2.20 per share cash dividend, payable on January 10. March 20 Purchased treasury stock for cash. April 5 Declared a \$2.20 per share cash dividend, payable on Apri1 10. July 5 Declared a $2.20 per share cash dividend, payable on July 10. July 31 Declared a 168 stock dividend when the stock's narket value was $22 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $2.20 per share cash dividend, date of record october 10. Note: The ending equity balances should angree with the December 31 Statement of Stockholders Equity

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