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The stockholders' equity of Lakeshore Occupational Therapy, Inc on December 31, 2023, tolows (Click the icon to view the data (Click the icon to
The stockholders' equity of Lakeshore Occupational Therapy, Inc on December 31, 2023, tolows (Click the icon to view the data (Click the icon to show additional information) Read the inquents Requirement 1. Joumatize me declaration and distribution of the stock dividend (Record droits test, then cret Sex First jounalue the declaration of the stock dividend Date Apr 30 Stock Dividends Accounts and Explanation Common Sock Dvdend Date Pant in Captain Excess of Par Common Decared a 1% stock dinden Data table Debit Credit 904 x Help me solve this Stockholders' Equity Paid in Capta Common Stock-$2 Par Value; 1,350 shares authorized, 600 shares issued and outstanding 1,200 Paid-in Capital in Excess of Par-Common 2400 Total Paid-In Capital 3.000 130,000 Retained Earnings Total Stockholders' Equity 131.000 m Requirements 1. Jounize the declareon and dan tution of the sock disid 2. Prepare the stockholders' equity section of the balance sheet auf May 31 2024 Assume Retaned Eamings are $128 000 en Apr 30, 2024, sefire the stock divident and the ory charge made to Retained Earnings betre preparing the balance inoat we doung the Stock Dividers account Print Done On April 30, 2004, the market price of Lakesho's common stock was $10 per share and the company declared a 8% sock dividend the sick was died on May 15 Print Done Clear all Ch
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