Question: Fill up the blanks on the below portion for part B prepare the stockholders' equity section of Sage Corporation's balance sheet as December 31,2020 On

On January 5, 2020, Sage Corporation received a charter granting the right to issue 5,100 shares of ( $ 100 ) par value,

Record the journal entries for the transactions listed above. (Credit account titles are automatically indented when amount i

July 29 Treasury Stock 32,400 Cash Aug. 10 Cash 27,000 Retained Earnings 5,400 Treasury Stock Dec. 31 Retained Earnings 41,75

Fill up the blanks on the below portion for part B prepare the stockholders' equity section of Sage Corporation's balance sheet as December 31,2020

Prepare the stockholders equity section of Sage Corporations balance sheet as of December 31, 2020. (Enter account name onl

( $ )

On January 5, 2020, Sage Corporation received a charter granting the right to issue 5,100 shares of $100 par value, 7% cumulative and nonparticipating preferred stock, and 48,600 shares of $10 par value common stock. It then completed these transactions. Jan. 11 Feb. 1 July 29 Aug. 10 Dec. 31 Dec. 31 Issued 19,900 shares of common stock at $16 per share. Issued to Sanchez Corp. 4,100 shares of preferred stock for the following assets: equipment with a fair value of $52,500; a factory building with a fair value of $166,000; and land with an appraised value of $252,000. Purchased 1,800 shares of common stock at $18 per share. (Use cost method.) Sold the 1,800 treasury shares at $15 per share. Declared a $0.45 per share cash dividend on the common stock and declared the preferred dividend. Closed the Income Summary account. There was a $172,200 net income.

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