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Bach This window shows your responses and what was marked correct and incorrect from your previous attempt 13 Kohler Corporation reports the following components of stockholders' equilty at December 31 of the prior year Comon stock-55 per value, 100,00 shares authorised, 50 shares issued and outstanding $ 1,250,000 Paid-Sn capital in excess of par value, coreon Stock 70,000 Retained earnings 230.000 Total stockholders' equity 31,750,000 5.97/25 points warded During the current year, the following transactions affected its stockholders' equity accounts Sed January ? Purchased 4,000 shares of its own stock st 525 cash per share. January 3 Directors declared a 54 per share con dividend payable on February 20 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5. July 6 Sold 1,500 of its treasury shares at 529 cash per share. August 22 Sold 2, see of its treasury shares at $21 cash per share. September 3 Directors declared a 14 per share cash dividend payable en October 20 to the September 25 stockholders of record. October 28 Paid the dividend declared on September 3. December 31 Closed the 5488,se credit balance (fron net income) in the Income Summary account to Retaines Earnings. Required: 1. Prepare journal entries to record oach of these transactions 2. Prepare a statement of retained earnings for the current year ended December 31 3. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year Complete this question by entering your answers in the tabs below. Required Required 2 Required Prepare your entries to record each of these transactions No Date Outral Journal January 02 Trasury stock. Common Cash Crede Deb 100.000 00 100.000 2 January 05 184,000 Ruandamine Cannondividend paytle 00 184.000 3 February 201 164.000 Common payabi Cash OO 184000 Bach This window shows your responses and what was marked correct and incorrect from your previous attempt Recured Required 2 Required) 13 Prepare your entries to record each of these transactions No Date Ceneral Journal 1 Anary 02 Treasury stock Common Cash Crede Debit 100,000 5.97/25 points awarde Sed 100.000 OO OO 2 Jan 05 1.000 Rewredeaming Common dividend paytle 184.000 3 Fabry21 164.000 Como di payat Cash 184000 4 OOOOO Aly 29.500 Canh Pain Gatliness of par value. Common stock Treasury stock, Common 5.000 37.500 5 August 22 Cash Patates of sat was common stock Rating Tour Commen $2.500 8.000 OOO 6000 82500 00 O 200.000 Red Common dividend payti 200.000 7 Oct20 200,000 Convention payali Cash Oo 200.000 B December 10.000 00 Rotanding 400.000

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