Halborn Manufacturing Co completed the following transactions during $2024$

$($Click the icon to view the transactions.$)9$ parts in total.

Read the requirements. column and leave the remaining cells blank.$)$ is February $15$

Requirements

Record the transactions in Halborn's general journal

Prepare the Halborn's stockholders' equity section of the balance sheet as of December $31,2024.$ Assume that Halborn was authorized to issue $2,400$ shares of preferred stock and $400,000$ shares of common stock. Both preferred stock and common stock were issued at par. The ending balance of retained earnings as of December $31,2024,$ is $$1,060,000.$

More info

$\backslash$table$[[$Jan$.16,\backslash$table$[[$Declared a cash dividend on the $5\%,$$$96$ par noncumulative preferred stock $(950$ shares$],[$outstanding$).$ Declared a $$0\mathrm{.}50$ per share dividend on the $95,000$ shares of $$8$ par value$],[$common stock outstanding. The date of record is January $31,$ and the payment date is$],[$February $15.]]],[$Feb$.15,$Paid the cash dividends$],[$Jun$.10,$Split common stock $2-$for$-1.],[$Jul$.30,\backslash$table$[[$Declared a $50\%$ stock dividend on the common stock. The market value of the common$],[$stock was $$11$ per share.$]]],[$Aug$.15,$Distributed the stock dividend.$],[$Oct$.26,$Purchased $8\mathrm{.}000$ shares of treasury stock at $$9$ per share.$],[$Nov$.8,$Sold $4,000$ shares of treasury stock for $$10$ per share$],[$Nov$.30,$Sold $1,400$ shares of treasury stock for $$5$ per share$]]$