Question: Problem 1 8 - 6 ( Algo ) Statement of shareholders' equity; financial statement effects [ LO 1 8 - 1 , 1 8 -

Problem 18-6(Algo) Statement of shareholders' equity; financial statement effects [LO18-1,18-3,18-4,
18-5,18-6,18-7,18-8]
Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years
ending December 31,2024,2025, and 2026.1Record sale of preferred stock.
2.Record sale of common stock.
3.Record declaration of cash dividend for preferred shares.
4.Record payment of cash dividend for preferred shares.
5.Record declaration of cash dividend for common shares.
6.Record payment of cash dividend for common shares.
7.Record transfer of net income to retained earnings.
8.Record the repurchase of shares for retirement. (Assume weighted average method).
9.Record declaration of cash dividend for preferred shares.
10.Record payment of cash dividend for preferred shares.
11.Record declaration of cash dividend for common shares
12.Record payment of cash dividend for common shares.
13.Record the stock split for preferred shares effected in the form of a dividend.
14.Record transfer of net income to retained earnings.
15.Record distribution of common stock dividend.
16.Record declaration of cash dividend for preferred shares.
17.Record payment of cash dividend for preferred shares.
18.Record declaration of cash dividend for common shares.
19.Record payment of cash dividend for common shares.
20.Record transfer of net income to retained earnings.
Prepare the shareholders equity section of Anacondas comparative balance sheets at December 31,2026 and 2025
Problem 1 8 - 6 ( Algo ) Statement of

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