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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: A (Click the icon to view the transactions.) Read the requirements. Requirement 1. Joumalize Tokyo Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 5,200 shares of common stock for $5 per share. Journal Entry Accounts Debit Credit Date Feb 13 | | | | || | | | | 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: (Click the icon to view the transactions.) Read the requirements. Jun 7: Declared the regular cash dividend on the preferred stock. X x Journal Entry Accounts Date Credit | | | | Jun 7 LLL III 11 | III Jun 24: Paid the cash dividend. Journal Entry 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: (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 $6 per share. 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: E: (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. Aug 9: Declared and distributed a 20% stock dividend on the common stock Market price of the common stock was $6 per share. Journal Entry Accounts Date Debit LO Aug 9 Oct 26: Reacquired 900 shares of common stock as treasury stock, paying $9 per share. 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: (Click the icon to view the transactions.) Read the requirements Oct 26: Reacquired 900 shares of common stock as treasury stock, paying $9 per share. Journal Entry Date Accounts Debit Credit Oct 26 Nov 20: Sold 600 shares of the treasury stock for $11 per share. Journal Entry 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: A (Click the icon to view the transactions.) Read the requirements. Nov 20: Sold 600 shares of the treasury stock for $11 per share Journal Entry Date Accounts Debit Nov 20 Credit 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.) 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: E (Click the icon to view the statement.) During 2019, Tokyo Jewelry completed these transactions that affected stockholders' equity: A (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 Date Debit Credit Dec 31 Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $31,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) 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: B (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. Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $31,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Tokyo Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity: $ par shares shares shares 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: E (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 $ par shares L s par Shares shares Total paid-in capital shares Total stockholders' equity Choose from any list or enter any number in the input fields and then continue to the next question. wata raul Assets Current assets Property and equipment, net Amount 34,500 66,100 $ 100,600 ... $ 37,300 Total assets Liabilities and Equity Liabilities Stockholders' equity: $0.80 cumulative preferred stock, $15 par, 300 shares issued Common stock, $2 par, 5,900 shares issued Paid-in capital in excess of par-common Retained earnings 4,500 11,800 18,000 29,000 Print Done More Info Feb Jun Aug 13 Issued 5,200 shares of common stock for $5 per share. 7 Declared the regular cash dividend on the preferred stock. 24 Paid the cash dividend. 9 Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $6 per share. 26 Reacquired 900 shares of common stock as treasury stock, paying $9 per share. 20 Sold 600 shares of the treasury stock for $11 per share. 31 Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020 Oct Nov Dec Print Done Requirements 1. Journalize Tokyo Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $31,000. Print Done
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