Question: i need some help with the journal entries for this problem, as well as its statement of stockholders equity thank you for your help have


E11-9 Part 2 2. Prepare journal entries to record each of these events. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction is Record the purchase of $351.400 common stock now held in treasury Record the cash dividends declared in the amount of $260,700. Record the payment of the dividend. Record the issue of 114.000 new shares of $0.10 par value, for $2 per share. Record the entry to close Dividends account. Note : = journal entry has been entered 511-9 Part 3 3. Prepare a statement of stockholders' equity, assuming the following opening balances. Retained Common Stock Additional Paid- Treasury In Capital Earnings Stock Beginning S 13 2005 197 0005 1614001 s Stock Issuances * Net Income 284.000 Dividends: Common S 132001971000435 400 TS
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