Green Corporation reports the following components of stockholders' equity on January
Common stock$ par value, shares authorized, shares issued and outstanding Paidin capital in excess of par value, common stock
Retained earnings
Total stockholders' equity
During the year, the following transactions affected its stockholders' equity accounts.
January Purchased ee 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 September stockholders of record.
October paid the dividend declared on September
December Closed the $ae credit balance from net income in the Income Summary account to Retained Earnings.
Answer is not complete.
Requirement
General
General
Trial Balance Statement of
Stockholders
Impact on
Joumal
Ledger
RE
Equity
Equity
For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of December as calculated, agrees with the amount reported on the balance sheet.
Dates:
January to:
tableImpact on equity,,$