Question: Amount $ 33,400 60,200 $ 93,600 Assets Current assets Property and equipment, net Total assets Liabilities and Equity Liabilities Stockholders' equity: $0.60 cumulative preferred stock,

 Amount $ 33,400 60,200 $ 93,600 Assets Current assets Property and

equipment, net Total assets Liabilities and Equity Liabilities Stockholders' equity: $0.60 cumulative

preferred stock, $5 par, 200 shares issued Common stock, $2 par, 6,200shares issued 37,900 1,000 12,400 1. Journalize Hamburg Jewelry's transactions. Explanations arenot required. 2. Report the company's stockholders' equity at December 31, 2019.Net income for 2019 was $27,000. Hamburg Jewelry Company reported the followingsummarized balance sheet at December 31, 2018: (Click the icon to viewthe statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders'equity: (Click the icon to view the transactions.) Read the fequirements. Requirement1. Journalize Hamburg Jewelry's transactions. Explanations are not required. (Record debits first,then credits. Exclude explanations from any journal entries.) Feb 13: Issued 6,000shares of common stock for $4 per share. Journal Entry Accounts DateDebit Credit Feb 13 Jun 7: Declared the regular cash dividend on

Amount $ 33,400 60,200 $ 93,600 Assets Current assets Property and equipment, net Total assets Liabilities and Equity Liabilities Stockholders' equity: $0.60 cumulative preferred stock, $5 par, 200 shares issued Common stock, $2 par, 6,200 shares issued 37,900 1,000 12,400 1. Journalize Hamburg Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $27,000. Hamburg Jewelry Company reported the following summarized balance sheet at December 31, 2018: (Click the icon to view the statement.) During 2019, Hamburg Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the fequirements. Requirement 1. Journalize Hamburg Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 6,000 shares of common stock for $4 per share. Journal Entry Accounts Date Debit Credit Feb 13 Jun 7: Declared the regular cash dividend on the preferred stock. Journal Entry Accounts Date Debit Credit Jun 7 Jun 24: Paid the cash dividend. Journal Entry Accounts Date Debit Credit Jun 24 Aug 9: Declared and distributed a 10% stock dividend on the common stock. Market price of the common stock was $6 per share. Journal Entry Accounts Date Debit Credit Aug 9 Oct 26: Reacquired 200 shares of common stock as treasury stock, paying $10 per share. Journal Entry Accounts Date Debit Credit Oct 26 Nov 20: Sold 100 shares of the treasury stock for $14 per share. Journal Entry Accounts Date Debit Credit Nov 20 Dec 31: Declared a cash dividend of $0.30 per share on the outstanding common stock; dividends will be paid in January, 2020. (Round your answer to the nearest whole dollar.) Journal Entry Accounts Date Debit Credit Dec 31 Requirement 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $27,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Hamburg Jewelry Company Balance Sheet (partial) December 31, 2019 Stockholders' Equity: $ par shares 11 $ par shares shares Total paid-in capital shares Total stockholders' equity

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