Green Corporation reports the following components of stockhoiders' equlty on January
Connon stock$ par value, shares authorized, shares issued and cutstanding
paidin capital in excess of par value, comon stock
Retained earnings
Total stockholders' equity
During the year, the following transactions affected its stockholders' equity accounts.
January Purchased shares of its own stock at $ cash per share.
January Directors declared a $ per share cash dividend payable on February to the February stockholders of record.
February paid the dividend declared on January
July sold of its treasury shares at $ cash per share.
August Sold of its treasury shares at $ cash per share.
September Directors declared a $ per share cash dividend payable on October to the Septenber stockholders of record.
October paid the dividend declared on September
Decenber closed the $ credit balance from net incone in the Income Sumbry account to Retained Earnings.
Answer is not complete.
General
Trial Balance
Statement of
Stockholders
Impact on
Ledger
RE
Equity
Equity
During the year, the following transactions affected its stockholders equity accounts. Prepare the necessary journal entries. If no journal entry is required, select No journal entry required" in the first input box.
tableNoDate,Acco,,Debit,CreditJanuary Treasury stock, Common,Cash,January Retained earnings,Common dividend payable,February Common dividend payable,Cash,July Cash,Treasury stock, Common,Paidin capital, Treasury stock,