13 of 13 (12 comp PF13-44A (book/static) The balance sheet of Goldstein Management Consulting, Inc....
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13 of 13 (12 comp PF13-44A (book/static) The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2023, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation o Feb. 6: Declared a 15% stock dividend on the common stock. The market value of Goldstein's stock was $25 per share. Date 0 Requirements Paid- au Feb. 6 Pa To Retain 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Goldstein's net income for the year was $90,000, 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024 Total Print Done Data Table - Stockholders' Equity Paid-In Capital: Common Stock-$10 Par Value; 350,000 shares authorized, 32,000 shares issued and outstanding $ 320,000 330,000 Paid-In Capital in Excess of ParCommon Total Paid-In Capital 650,000 160,000 Retained Earnings $ Total Stockholders' Equity 810,000 Print Done 0 More Info on ity se Feb. 6 Feb. 15 Declared a 15% stock dividend on common stock. The market value of Goldstein's stock was $25 per share. Distributed the stock dividend. Purchased 2,300 shares of treasury stock at $25 per share. Declared a $0.10 per share cash dividend on the common stock outstanding. Jul. 29 Nov. 27 ge en
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