Question: can someone help me answer this homework question asap please Alexander Corporation reports the following components of stockholders' equity at December 31,2019. Comen stock-525 par

can someone help me answer this homework question asap please
 can someone help me answer this homework question asap please Alexander

Alexander Corporation reports the following components of stockholders' equity at December 31,2019. Comen stock-525 par value, 69, eee shares authorized, 39,008 shares issued and outstanding Paid-in capital in excess of par value, comnon stock Retained earnings Total stockholders" equity During 2020, the following transactions affected its stockholders' equity accounts. January 2 Purchased 3,90e shares of its own stock at 525 cash per share. January 7 Directors declared a $1.50 per share cash dividend payable on February 28 to the February 9 stockholders of record. February 28 Paid the dividend declared on January 7. July 9 5old 1,560 of its treasury shares at $30 cash per share. August 27 sold 1,950 of its treasury shares at $20 cash per share. September 9 Directors declared a $2 per share cash dividend payable on October 22 to the September 23 stockholders of record. October 22. Paid the dividend declared on september 9. December 31 Closed the $51,e0 credit balance (from net income) in the Income summary account to Retained Earnings. Required: 1. Prepare journal entries to record each of these transactions: 2. Prepare a statement of retained earnings for the year ended December 31, 2020 . 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2020 (x) Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings for the year ended December 31,2020 . Notes Amounts to be deducted should be indicated by a minus sign

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