This Question: 5 pts 4 of 11 (11 completo) Fabulous Jewellery Limited reported the following summarized balance sheet of December 31, 2016 m (Click the icon to view the statement.) (Click the icon to view the transactions.) Requirements 1. Journalize Fabulous's transactions. Explanations are not required 2. Raport Fabulous Jewellery Limited's shareholders' equity at December 31, 2017 Not income for 2017 was $23,000 Statement Nov 20: Sold 400 common shares for $10 per share 0 Transactions Journal Entry Data Accounts Debit Credit Nov 20 Common Shares During 2017, Fabulous completed these transactions that affected shareholders' equity: Feb 13 Issued 5,100 common shares for $6 per share June 7 Declared the regular cash dividend on the preferred shares July 24 Paid the cash dividend. Aug 9 Distributed a 6% stock dividend on the common shares, Market price of the common shares was $7 per share Nov 20 Sold 400 common shares for $10 per share Requirement 2. Report Fabulous Jewellery Limited's shareholders' equity at December 31, 2017 Nel (Enter the accounts in the proper order.) Shareholders' Equity $0.20, Cumulative preferred shares, 400 shares issued Print Done Tollabies and equity ..... Total shareholders' equity Print Done Choose from any list or enter any number in the input fields and then continue to the next question. 2017 was $23,000. 0 Statement Assets Current assets.. $ 33,500 55,400 Property and equipment, net. $ 88,900 $ 37,500 Total assets Liabilities and Equity Liabilities Shareholders' equity: $0.20 cumulative preferred shares, 400 shares issued Common shares, 6,200 shares issued me for 2017 was $23,000. 6,000 24,400 21,000 Retained earnings $ 88,900 Total liabilities and equity ................. Print Done