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er 10 Homework (Algo) / Help Save & Exit Check my TVS, I , IV ) The following information applies to the questions displayed below.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15 June 30 Pay the cash dividends declared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock. $1,000; Common Stock, $2,000, Additional Paid-in Capital, $18,500, and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7,150. Problem 10-2B Part 1 Required: 1. Record each of these transactions. (If no entry is required for a partic the first account field.) n/event, select "No Journal Entry Required" in View transaction list Journal entry worksheet 1 2 3 4 5 6 Record the issuance of 2,000 additional shares of common stock for $15 per TV SHES MI PICCHU GHI stockholders' equity during 2021: VU DIE VELUT SILA LOVE Vesuvu. H UHUHTY SOLUTION art 1 of 2 March 1 Issue 2,000 additional shares of connon stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. 09 ints Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock $1,000; Common Stock, $2,000: Additional Paid-in Capital, $18,500, and Retained Earnings. $10.500. Net income for the year ended December 31, 2021, is $7,150. Problem 10-2B Part 1 Print Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) References View transaction list Journal entry worksheet Record the declaration of cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. Note: Enter debits before credits Prey 1 2 of 7 !!! Next > MacBook Air IVV SHQICS I PICCHU SUL GHU 4,VW SHQIES UI LUI stockholders' equity during 2021: UIT DIUER Have we suu. Tie IUIVITY WILL March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock $1,000; Common Stock. $2,000: Additional Paid-in Capital, $18,500; and Retained Earnings. $10,500. Net income for the year ended December 31, 2021, is $7,150. Problem 10-2B Part 1 Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the cash dividends declared on June 1. Note: Enter debits before credits. Seved Help I SICS VI pierre LN OU 4,00 SHQIUI LITRI DWLA TOVe vue stockholders' equity during 2021: sueu. FHC IHI WHY WOHDOLUVRID GIRL 1 of 2 March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock $1,000; Common Stock, $2,000: Additional Paid-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2021, is $7,150. Problem 10-2B Part 1 Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) erences View transaction list Journal entry worksheet Record the purchase of 200 shares of common treasury stock for $12 per share. Note: Enter debits before credits er 10 Homework (Algo) Help Save IV DRIES VIPEICHTE DLA OITU 4UVUSIES UI LUITIVID stockholders' equity during 2021: March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock $1,000; Common Stock, $2,000: Additional Pald-in Capital, $18,500, and Retained Earnings, $10,500. Net Income for the year ended December 31, 2021, is $7.150. Problem 10-2B Part 1 Required: 1. Record each of these transactions. (If no entry is requ. the first account field.) saction/event, select "No Journal Entry Required" in nces View transaction list Journal entry worksheet Record the resell 100 shares of treasury stock purchased on August 1 for $14 per share. Note: Enter debits before credits Prey 1 2 of 7 Next >

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