Question: SV ANG Question 14 7.5 points 17.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec 31, 2020: Common

 SV ANG Question 14 7.5 points 17.5 Grades) Hamad Town Company

SV ANG Question 14 7.5 points 17.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec 31, 2020: Common stock, $10 par, 60,000 shares authorized, 30,000 shares issued and outstanding $ 300,000 Paid in Capital in Excess of Par Value, Common Stock 200,000 - Retained Earnings 500,000 The following transactions occurred during 2021. 1. Feb 20: Purchased 2,000 of its own shares for $ 18 per share 2. March 10. Declared a $2 per share cash dividend on the outstanding common stock 3.Anal OZ Paid the cash dividends declared early in March 10 4. May. 20. Sold all treasury shares for $19 each 5.Od. 1 Declared 10% stock dividends on the outstanding common stock for the record of Nov. 1 and to be distributed on Dec. 10. The market value of stock on Oct. 1 was $14 per share 6 Dec 10: Distributed the shares which declared on Oct 1 Z Dec. 25. Inplemented a 2-or-1 stock split, when the market value of stock was $20 per share NOTE: If there is no entry, please write: NO EN TRY Required: Prepare Journal entries to record transactions that occurred during 2021 CLEARLY INDICATE THE DEBITS & CREDITS Example on 1 January 2020, XYZ Compays 10,000 cash to purchase and Antwed 71020 Or Land 10,000 C Cash 10,000 For the toolbar, preus ALT 10 (PO OF ALTINFO (MI 2 3

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