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Tokyo Jewelry Company reported the following summarized balance sheet at December 31, 2018 E: (Click the icon to view the statement.) During 2019, Tokyo Jewelry
Tokyo Jewelry Company reported the following summarized balance sheet at December 31, 2018 E: (Click the icon to view the statement.) During 2019, Tokyo Jewelry completed these transactions that affected stockholders' equity: i (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Tokyo Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13Issued 5,500 shares of common stock for $8 per share. Journal Entry Accounts Debit Credit Date Feb 13 Cash Jun 7: Declared the regular cash dividend on the preferred stock. Journal Entry Date Accounts Jun 7 Debit Credit Data Table Data a i - X Tokyo Jewelry Company rep (Click the icon to view th During 2019, Tokyo Jewelry i (Click the icon to view th Read the requirements Requirement 1. Journalize entries.) planations frc Feb 13: Issued 5,500 shares Date Feb 13 Cash Assets Amount Current assets .... .......$ 34,000 Property and equipment, net.......... ....... 78,100 Total assets ... .....$ 112,100 Liabilities and Equity Liabilities ........$ 37,300 Stockholders' equity: $0.50 cumulative preferred stock, $5 par, 900 shares issued .. 4,500 Common stock, $5 par, 6,200 shares issued 31,000 Paid-in capital in excess of par-common 17,300 Retained earnings 22,000 Total liabilities and equity ................................ ...............$ 112,100 Jun 7: Declared the regular Date Jun 7 Print Print Done i More Info Feb Jun 13 7 24 9 Aug Issued 5,500 shares of common stock for $8 per share. Declared the regular cash dividend on the preferred stock. Paid the cash dividend. Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $10 per share. Reacquired 400 shares of common stock as treasury stock, paying $13 per share. Sold 300 shares of the treasury stock for $17 per share. Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. Oct Nov Dec 26 20 31 Print Done Tokyo Jewelry Company reported the following summarized balance sheet at December 31, 2018: (Click the icon to view the statement.) During 2019, Tokyo Jewelry completed these transactions that affected stockholders' equity (Click the icon to view the transactions.) Read the requirements Jun 24: Paid the cash dividend. Journal Entry Accounts Date Debit Credit Jun 24 Aug 9: Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $10 per share. Journal Entry Accounts Debit Credit Date Aug 9 Choose from any list or enter any number in the input fields and then continue to the next question. Tokyo Jewelry Company reported the following summarized balance sheet at December 31, 2018 : (Click the icon to view the statement.) During 2019, Tokyo Jewelry completed these transactions that affected stockholders' equity: i (Click the icon to view the transactions.) Read the requirements Oct 26: Reacquired 400 shares of common stock as treasury stock, paying $13 per share. Journal Entry Accounts Debit Credit Date Oct 26 Nov 20: Sold 300 shares of the treasury stock for $17 per share. Journal Entry Accounts Date Debit Credit Nov 20 Tokyo Jewelry Company reported the following summarized balance sheet at December 31, 2018: (Click the icon to view the statement.) During 2019, Tokyo Jewelry completed these transactions that affected stockholders' equity (Click the icon to view the transactions.) Read the requirements Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. (Round your answer to the nearest whole dollar.) Journal Entry Accounts Debit Credit Date Dec 31 Tokyo Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity $ $ par par shares shares 1 shares Total paid-in capital C D shares C Total stockholders' equity
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