Question: ?On January 1 , 2 0 2 2 , ?Oriole Corporation had the following stockholders' equity accounts. Common Stock ( no par value, 8
?On January ?Oriole Corporation had the following stockholders' equity accounts.
Common Stock no par value, ?shares issued and outstanding
Retained Earnings
$
Feb.
Mar.
Apr.
July
Dec.
During the year, the following transactions occurred.
Declared a $ ?cash dividend per share to stockholders of record on February ?payable March
Paid the dividend declared in February.
Announced a for ?stock split. Prior to the split, the market price per share was $
Declared a ?stock dividend to stockholders of record on July ?distributable July ?On July ?the market price of
the stock was $ ?per share.
Issued the shares for the stock dividend.
Declared a $ ?per share dividend to stockholders of record on December ?payable January
Determined that net income for the year was $
a
Prepare the stockholders' equity section of the balance sheet at March Enter account name only and do not provide descriptive
information.
b
Prepare the stockholders' equity section of the balance sheet at June Enter account name only and do not provide descriptive
information.
c
Prepare the stockholders' equity section of the balance sheet at September Enter account name only and do not provide
descriptive information.
Prepare the stockholders' equity section of the balance sheet at December Enter account name only and do not provide
descriptive information.
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