Question: Listed below are the transactions that affected the shareholders equity of Branch-Rickle Corporation during the period 2021-2023. December 31, 2020, the corporationi's accounts included Common

 Listed below are the transactions that affected the shareholders equity of
Branch-Rickle Corporation during the period 2021-2023. December 31, 2020, the corporationi's accounts
included Common stock 27llion shares at 31 par din capital excess of

Listed below are the transactions that affected the shareholders equity of Branch-Rickle Corporation during the period 2021-2023. December 31, 2020, the corporationi's accounts included Common stock 27llion shares at 31 par din capital excess of par Retained earnings in thousands $107.000 642.000 860, eee a November 1, 2021, the board of directors declared a cash dividend of $0.80 per share on its common shares, payable to shareholders of record November 15. to be paid December 1 b. On March 1, 2022, the board of directors declared a property dividend consisting of corporate bonds of Warner Corporation that Branch-Rickle was holding as an investment. The bonds had a fair value of $2.2 million, but were purchased two years previously for $1.9 milion. Because they were intended to be held to matunty, the bonds had not been previously written up. The property dividend was payable to shareholders of record March 13. to be distributed Apni 5. c. On July 12. 2022 the corporation declared and distributed 3 6% common stock dividend (when the market value of the common stock was $14 per share). Cash was paid in lieu of fractional shares representing 420.000 equivalent whole shares. d On November 1, 2022 the board of directors declared a cash dividend of $0.80 per share on its common shares, payable to shareholders of record November 15, to be pard December 1 e on January 15, 2023, the board of directors declared and distributed a 3-for-2 stock split effected in the form of a 50% stock dividend when the market value of the common stock was $15 per share 1. On November 1, 2023, the board of directors declared a cash dividend of $0.65 per share on its common shares, payable to shareholders of record November 15, to be paid December Required: 1. Prepare the journal entries that Branch-Rickle recorded during the three-year period for these transactions, 2. Prepare comparative statements of shareholders equity for Brann-Rickle for the three-year period ($ in 00051 Net Income wa $365 million $430 million and $490 milion for 2021 2022 and 2025, respectively Complete this question by entering your answers in the tabs below. Rece Complete this question by entering your uniwers in the tabs below. Waqirdi Required 2 Prepare the journal entries that Branch-Rickie recorded during the three-year period for these transactions (if no any required for a transaction/vent select "No journal entity required in the first account Weld. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 2 4 5 6 3. 15 > Record declaration of cash dividendi Nee Entebbalore credits Geloma pibit CHAHI Date November 01, 2021 F Chi $365 million, $430 million and $490 million for 2021, 2022 and 2023, respectively Complete this question by entering your answers in the tabs below. Required Required 2 pars comparative statements of shareholders equity for Branch-Rickle for the three-year period. Net income was 5365 million $430 million and $490 million for 2021 2022 and 2023, respectively. (Negative amounts should be indicated by a minus sign. Enter your answers in thousands (0005). BRANCH RICKIE CORPORATION Statement of Shareholders. Equity For the Years Ended Dec. 2021 2022 and 2021 (5 in thousands Comman Stock Additionat Paid in GN Retaimed Earnings Total Shareholders Equity an 1.2021 Net income 0 Cash dividends De 34 2021 Property dividends Gammon stock dividend Nincome Cashiends Dec often the force Indone Cavid DER 0 13 Heu

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