Trial balance below as a ttarting point. Journalise and poit entries related to equity transactions....
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Trial balance below as a ttarting point. Journalise and poit entries related to equity transactions. Assume that all stock has been issued as 51 par value stock. You are hot required to submil T-Accounts but they are alwars helphu. Produte a Statement af Stockholder's Equity A) Journalize the following equity transactions. 1) The company issuet an additional 9000 sheres of stock for 520060 in cash. 2) The company purchases 3969 of its own stock off the open market for $1.65 per share. 3) The company declares and pars a $0.50 per share dividend for al outstanding shares. 4) The company reissues 2194 of treasury stock at $1.98 per thare. 5) The company declares and pars a 50.50 per share dividend for alf outstanding thares. 6) The company reissues 1037 of treasury stock at $1.57 per thare. n
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