GL1101 (Algo) - Based on Problem 11-2A LO C3, P2, P3 Twinings Company reports the following components of stockholders' equity on January Common stock-$10 par value, 120,000 shares authorized, 50,000 shares issued an Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,000 shares of its own stock at $23 cash per share. January 5 Directors declared a $2 per share cash dividend payable on February 2 record. February 28 Paid the dividend declared on January 5. Sold 2,500 of its July 6 treasury shares at $27 cash per share. August 22 Sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on October 28 record. October 28 Paid the dividend declared on September 5.

GL1101 (Algo) - Based on Problem 11-2A LO C3, P2, P3 Twinings Company reports the following components of stockholders' equity on January Common stock- $10 par value, 120,000 shares authorized, 50,000 shares isaued Paid-in capital in excess of par value, conmon stock Retained earnings Total stockholders' equity During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,000 shares of 1ts own stook at $23 cash per sharo. January 5 Directors declared a $2 per share cash dividend payable on February record. February 28 Paid the dividend declared on January 5 . July 6 sold 2,500 of its treasury shares at $27 cash per share. August 22 sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on october 28 October 28 Paid the dividend declared on September 5 . GL1101 (Algo) - Based on Problem 11-2A LO C3, P2, P3 Twinings Company reports the following components of stockholders' equity on January Common stock- $10 par value, 120,000 shares authorized, 50,000 shares isaued Paid-in capital in excess of par value, conmon stock Retained earnings Total stockholders' equity During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,000 shares of 1ts own stook at $23 cash per sharo. January 5 Directors declared a $2 per share cash dividend payable on February record. February 28 Paid the dividend declared on January 5 . July 6 sold 2,500 of its treasury shares at $27 cash per share. August 22 sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on october 28 October 28 Paid the dividend declared on September 5