Question: all general journal dates needed please GL 1101 - Based on Problem 11-2A LO C3, P2, P3 Smith Company reports the following components of stockholders'
all general journal dates needed please


GL 1101 - Based on Problem 11-2A LO C3, P2, P3 Smith Company reports the following components of stockholders' equity on January 1 Corson stock-$10 par value, 110,000 shares authorized, 40,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $400,000 60,000 200. $790,000 During the year, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,000 shares of its own stock at $23 cash per share. Jan. 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 Stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 6 Sold 1,500 of its treasury shares at $27 cash per share. Aug. 22 Sold 2,500 of its treasury shares at $20 cash per share. Sept. 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 35 stockholders of record. Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the $338,500 credit balance (from net income) in the Income Summary account to Retained Earnings. Requirement General Journal General Ledger Trial balance statement of Stockholders RE Equity Impact on 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 View transaction lit Journal entry worksheet
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