Question: O n January 1 , 2 0 2 2 , Crane Corporation had the following stockholders' equity accounts. Common Stock ( n o par value,
January Crane Corporation had the following stockholders' equity accounts.
Common Stock par value, shares issued and outstanding $
Retained Earnings $
During the year, the following transactions occured.
Feb. Declared $ cash dividend per share stockholders record February payable March
Mar. Paid the dividend delcared Febraury.
Apr. Announced for stock split. Prior the split, the market price per share was $
July Delcared stock dividend stockholders record July distributable July July the market price the stock was $ per share.
Issued the shares for the stock dividend.
Dec. Declared $ per share dividend stockholders record December payable January
Determined the net income for the year was $
Prepare the stockholders' equity section the balance sheet March account name only and not provide descriptive information.
Prepare the stockholders' equity the balance sheet June account name only and not provide descriptive information.
Prepare the stockholders' equity section the balance sheet September account name only and not provide descriptive information.
Prepare the stockholders' equity section the balance sheet December account name only and not provide descriptive information.
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