C won The annual report for Malibu Beachwear reported the following transactions affecting shareholders equity....

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C won The annual report for Malibu Beachwear reported the following transactions affecting shareholders equity. a Repurchased and cancelled $5.0 million common shares Declared and paid cash dividends in the amount of $2660 million cod 100 percent common stock dividend involving 235.0 million additional shares with a total por value of $5900 million Required: 1. Indicate the effect increase with decrease with and increases and decrease within the accounting heads with '-') of each of these transactions on total assets. liabilities, and shareholders' equity. Transaction Laimes Shareholders Equity 5-1 Dec 6-2 Payment CIRC 2. Prepare journal entries to record each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollar not in millions) View transaction et Journal entry worksheet Check my werk 2. Prepare journal entries to record echo mese transactions of no entry is required for a transactionlevent, select "No jumal entry required in the first account field Enter your answers in dollar not in millions View and Journal entry worksheet 1 28 Record the wyment the end of 266 millon > General Journal De C Transaction D3 View generala Recorder 2. Prepare journal entre to record each of these transactions the entry is required for a wanunction/event, select "No journal entry required in the first account field Enter your answers in dollar not in millions View transaction Journal entry worksheet Issued 100 percent common stock dividend involving 235 million additionat stars with a total par value of 399 million . Transaction General Journal Debi Credit Recordandy View general journal Prey 2 of B Next >

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